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Markets Report

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BUSINESS STANDARD

Money market

Market Sentiment: Bullish

  • Prices of government securities moved in a narrow range.
  • Select medium- and long-term papers ended with minor losses due to renewed selling.
  • The benchmark ten-year security, 9.81 per cent 2013, edged down to Rs 134.10.
  • Call money rates remained below the repo rate owing to plenty of liquidity in the system. The rates closed at 4.25-4.50 per cent.
  • The RBI received repo subscriptions worth Rs 32,900 crore.
  • Forex market

    Market Sentiment: Bullish

  • The rupee dipped sharply to 45.91/92 per dollar due to dollar demand from corporates and importers, and also partly due to the greenback
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    First Published: Sep 04 2003 | 12:00 AM IST

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