Money market |
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Sentiment: Positive |
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Yields on gilts and corporate bonds softened by about 10 and five basis points, respectively. |
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The fact that the Centre is running a surplus of around Rs 9000 crore with the RBI led the market to overcome initial nervousness due to the US-Iraq conflict and tight liquidity conditions. |
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The benchmark 9.81 per cent 2013 gilt was last dealt at Rs 125.80 (6.33 per cent). |
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Call rates continued to be tight and finished at Monday |