Markets Report

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Last Updated : Jan 28 2013 | 2:33 AM IST
 Sentiment: Moderate

 
 
  • Prices of government securities drooped as banks and mutual funds went on a selling spree.
  • The prices of long-term securites declined by 70-80 paise, while those of medium-term papers fell by 30-40 paise.
  • The yield on the ten-year benchmark gilt, 7.27 per cent 2013, closed at 5.14 per cent.
  • Repo subscriptions with the RBI stood at Rs 17,000 crore.
  • Call money rates hovered between 4.00 per cent and 4.50 per cent.
  •  Forex market

     Market Sentiment: Volatile

     
     
  • The rupee ended lower at 45.63/64 per dollar before dipping to 45.66 during intraday trades.
  • Six-month forward dollars traded at a discount on exporter selling.
  •  Outlook  The rupee is expected to open between 45.59 and 45.64 against the greenback.

     
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    First Published: Nov 19 2003 | 12:00 AM IST