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Re remained rangebound at 44.44/$

MARKETS REPORT

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Our Banking Bureau Mumbai
Last Updated : Feb 06 2013 | 6:31 AM IST
 
Outlook:
The spot rupee is expected to open in the 44. 43-44.45 range against the dollar
 
Sentiment: Dull
 
  • The spot rupee remained rangebound, opening at 44.45/46 and closing at 44.4450 against the dollar

  • Premiums on the six-month and one-year forwards closed at 2.49 per cent and 2 per cent, respectively
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    Money market
     
    Sentiment: Dull
  • The gilt market fell by around 10-12 paise

  • The 8.07 per cent 2017 paper closed at 7.39 per cent

  • Call rates ruled at 7.50-7.75 per cent amidst tight liquidity

  • The RBI infused around Rs 24,000 crore through repo

  • The cut-off yield on 91-day t-bill fell by eight basis points from 6.60 per cent to 6.52 per cent at the auction
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