Traded Volume At Rs 218.86 Crore

NSE REPORT

The wholesale debt segment (WDM) at the NSE witnessed volatile price movement with repo deals being concluded at 10.05 per cent during the day. The prices of the yield crashed down during the fag end of the day and consequently the yield have flared up. Brokers expect prices of the government securities to fall by nearly Rs 4 today on account of the RBI decision to hike bank rate to 11 per cent.

The WDM clocked volume of Rs 218.86 crore of which the repo deals worth Rs 125 crore were concluded for 14 days. The treasury bills segment saw volume of Rs 45 crore of which 35 crore were repo deals for 14 days at the rate of 9.50 to 9.75 per cent.

 

Repo deals were concluded for the 12.59 per cent government loan maturing in 2004 was for Rs 50 crore in the band of 9.25 % to 10.05 %.

The 12.35 per cent gilts was traded for Rs 0.80 crore at the weighted yield of 11.09 per cent for a low of Rs 104.95 touched a high of Rs 106.10 before closing at Rs 105.80 for the day. The 10.85 per cent government loan maturing in 2001 was traded for Rs 20 crore at the weighted yield of 11.24 per cent. It was traded at a low of Rs 98.80 and high of Rs 98.95 for the day.