Money market |
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Sentiment: Bullish |
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| Yields on gilts and corporate bonds came off by 5-10 basis points on the back of easy liquidity and aggressive buying by a large state-owned bank. |
| In absolute terms prices of medium and long dated gilts rose by about 60 paise and one rupee, respectively. |
| Call money closed easy at 4.75-5.00 per cent even as the RBI accepted 80 per cent (Rs 21,324 crore) of repo bids aggregating Rs 26,655 crore at the one-day repo auction. |