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Our Banking Bureau Mumbai
Last Updated : Feb 28 2013 | 1:54 PM IST
 
Sentiment: Bearish
  • Government security prices took a pasting on concerns over inflation, size of the proposed market stabilisation fund and partial subscription of state government loans.
  • Prices of long-term papers sank by 30 paise, while those of medium-term securities coasted by 20 paise.
  • The yield on the benchmark 10-year paper ended at 5.3253 per cent compared with 5.2874 per cent on Wednesday.
  • Call money rates remained unchaged at 4.00-4.25 per cent.
 
Forex market
 
Sentiment: Bullish
  • The rupee opened at 45.2750/28 per dollar and closed higher at 45.2650. It touched a low of 45.30 and a high 45.24 in intraday trades.
  • Premiums on dollar forwards firmed up. Annualised premium on six-month dollar closed at 0.23 per cent.
 
Outlook The rupee is expected to open between 45.24 and 45.28 per dollar on Friday.
 
 

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First Published: Feb 20 2004 | 12:00 AM IST

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