Markets Report

 Sentiment: Dull

 

 

Inflation fears and profit booking lifted gilt yields which had hit their life lows in the previous three sessions.

The benchmark 7.27 per cent 2013 gilt ended 4.9705 per cent, up from Thursday's historic low of 4.9442 per cent and close of 4.9612 per cent.

Call money ruled in the range of 4.40 to 4.50 per cent and closed at the same levels.

The 8.07 per cent 2017 bond was last dealt at 5.2673 per cent, against the previous day's 5.2420 per cent.

 Forex market

 Market Sentiment: Dull

 

 

The rupee ended flat at 45.33/35 per dollar on Friday owing to RBI intervention, forex inflows and trade remittances.

Forward premiums were out of discount zone, with the six-month rate at 0.10 per cent against 0.85 per cent on Wednesday.