The yield on the benchmark 10-year government bond hardened by 9 basis points to settle at 6.74 per cent
The 10-year benchmark yield rose to 6.69 per cent after the MPC held rates steady and the RBI refrained from announcing fresh OMOs, despite market expectations
After margin pressure and muted credit in 2025, banks enter 2026 with hopes of credit revival, stable asset quality and more investments, though funding and deposits remain key risks
The rupee breached the 90-per-dollar level amid sustained corporate dollar demand and FPI outflows, even as banking system liquidity turned surplus after two weeks
The RBI will buy government securities worth ₹50,000 crore in an OMO auction on January 5, 2026, as part of four equal tranches announced for late December and January
RBI rejected bids for the 7.18 per cent 2037 security as quoted prices were above market levels, but purchased ₹50,000 crore of gilts in line with the notified amount
The Reserve Bank of India will inject nearly Rs 3 trillion through open market operations and a USD/INR buy-sell swap to offset liquidity drained by forex intervention and seasonal factors
Net liquidity fell into deficit after seven weeks; net liquidity in the banking system was in a deficit of ₹68,586 crore on Wednesday
The shares were offloaded in the price range of Rs 1,040.31-1,041.56 apiece on the National Stock Exchange (NSE), taking the combined transaction value to Rs 1,790.41 crore
Additionally, the central bank also purchased ₹40,000 crore worth of government securities via the Open Market Operations (OMO) auction
Market participants said that the fall in overnight rates further weighed on OIS rates
The RBI has infused Rs 2.9 trillion via OMO auctions so far. It has also infused Rs 2 trillion via long-term variable rate repo (VRR) auctions
Banking system liquidity turned surplus after 4 months
The RBI's active intervention in the foreign exchange market to avoid sharp decline in rupee against the dollar has been weighing on the banking system liquidity
Banks bid 4.5x in Thursday's auction
The RBI plans to infuse Rs 2 trillion via an overnight variable rate repo (VRR) auction on Tuesday.
Reserve Bank of India bought bonds worth Rs 20,020 crore($2.31 billion) at an open market operation (OMO) on Thursday. The 10-year benchmark that matures in 2034 accounted for one-fourth
RBI announces OMOs, VRR auction, $-rupee buy-sell swap
Government cash balance turns negative; Fx market remains volatile
Financial services company Capital Group on Tuesday divested a 1.7 per cent stake in IT firm Mastek for over Rs 148 crore through an open market transaction. According to the bulk deal data available on the BSE, US-based Capital group through its arm SmallCap World Fund Inc offloaded 5.30 lakh shares, amounting to a 1.7 per cent stake in Mastek. The shares were sold at an average price of Rs 2,801.68 apiece, taking the deal value to Rs 148.49 crore. After the share sale, Capital group's holding in Mastek has come down to 6.24 per cent from 7.94 per cent. Meanwhile, Aalidhra Textool Engineers bought 2 lakh shares of the company at an average price of Rs 2,800.81 per piece. This took the deal value to Rs 56.01 crore. Details of the other buyers of Mastek's shares could not be ascertained. Shares of Mastek rose 4.65 per cent to close at Rs 2,904.25 apiece on the BSE.