Market Reports

Money market

Sentiment: Cautious

Yields on gilts and corporate bonds edged up a tad as the market is uncertain about whether the central bank will cut the bank rate.

The 9.81 per cent 2013 gilt opened at Rs 129.65 (5.87 per cent) and came off to be last dealt at Rs 129.50 (5.89 per cent).

The 9.25 per cent 2009 PFC paper was dealt at 6.35 per cent as against the pervious day