Trading Volumes Dip To Rs 154 Crore

The telecom stir hit the the debt market segment of the National Stock Exchange too.

The turnover in this market declined to Rs 154 crore yesterday from the Rs 269.63-crore posted on Tuesday.

The strike also hit the money market as the call rates shot up to 11 per cent from 8.5 per cent on the previous day.

The yield on the 364-day treasury bill was cut to 12.13 per cent from 12.65 per cent yesterday.

The price of the one-year paper fell to Rs 89.21 from Rs 88.80 yesterday.

The auction received the highest number of bids to the tune of Rs 1285.05 crore yesterday.

 

The zero coupon security maturing in 2000 and the 13.50 per cent central government security.

Meanwhile, the Reserve Bank of India has put the zero coupon security on the sale window.

The price has been fixed at Rs 61.28. But there were no buyers as the security was available at Rs 60.94 in the secondary market.

The paper saw a cumulative deal for Rs 30 crore at Rs 60.94.

The deal is to be settled the same day.

The 13.50 per cent central government security maturing in 1998 was dealt for Rs 20 crore at Rs 100.75. The deal is to be settled the same day.