Re ends slightly higher at 44.70/$

MARKETS REPORT

Firm US yields and demand for SLR securities by the banks led to rally in the market.

The prices in the short and medium term papers went up by 20-40 paise whereas the long end shot up by almost 80-90 paise.

The yield on the ten-year paper closed at 7.59 per cent.

The call rates hovered around 6.70