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Re ends at 3-month low of 45.20/$

MARKETS REPORT

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Our Banking Bureau Mumbai
Last Updated : Jan 28 2013 | 6:03 PM IST
 
  • The spot rupee opened at 44.79/80 against the dollar but closed at a three-month low of 45.19/20 following dollar demand from banks

  • Six month and one year forward premia closed at 1.17 per cent and 1.26 per cent, respectively
  •  Money market
     Sentiment: Bearish

  • Gilt prices fell towards the end of the day after rising in the beginning

  • The ten-year benchmark security closed at 7.55 per cent

  • Call rates closed at 5.5/5.6 per cent with RBI absorbing around Rs 49,000 crore from the market

  • The sentiment turned bearish with a sharp fall in the equity market

  • The corporate bond market remained lacklustre
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