Wednesday, March 05, 2025 | 09:39 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Gilt prices zoom

Image

Our Banking Bureau Mumbai
 
Money market
 
Sentiment: Bearish
  • Government security prices jumped as investors shrugged off the announced size of market stabilisation bonds and bought securities of all maturities.
  • Prices of long-term papers soared by 50-60 paise and those of medium-term ones went up by 30-40 paise.
  • The yield on the ten-year benchmark paper, 7.37 per cent 2013, closed at 5.2473 per cent, down from Monday's 5.2520 per cent.
  • Call money rates ended higher at 4.35-4.50 per cent compared with 4.25-4.50 on Monday.
  • Subscriptions at the repo window stood at Rs 39,000 crore.
 
Forex market
 
Sentiment: Bullish
  • The rupee opened at 45.2850 per dollar and closed at 45.28 before hitting an intraday low 45.3075.
  • Forward premiums remained soft. Annualised premiums on six-month and one-year forward dollars closed at 0.30 per cent and 0.40 per cent respectively.
 
Outlook
The rupee is expected to open between 45.26 and 45.28 per dollar.
 
 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 25 2004 | 12:00 AM IST

Explore News