Ourlook

-UTI Bank

The government securities market would remain active this week with buying interest in the short-and-medium-term segments to continue. Most of the popular stock having a maturiy till 2010 would witness trading interest. Call rate should hover around seven per cent throughout the week.

-Global Trust Bank

Most of the activity in the government securities market is going to be in the short-and -medium-term paper,though prices of these securities are expected to be range-bound. Long-dated paper would remain lackluster and further price moverments would depend on the timing of the next auction.

-Tower Cpaital Securities

The spot rupee will move within the 43.6350-43.6550 range. The three-month annulaised premium would move in a 2-2.25 per cent band. Importers and exportes are advised to wait.

 

-Centurion Bank

The spot rupee is expected to stabilise at 43.65 with it probably moving by 0.5 paise eithr ways. The six-month annualised premium is expected to rule in the 2.25-2.50 perr cent band. Exportes should sell their farthest forward.

-Bank of Amnerica