Markets Report

 Sentiment: Bullish

 

 

Gilt yields rose on Tuesday with the market digesting Rs 5,000 crore of fresh issue of 15-year security and bracing for more sales later in the week.

The RBI auctioned the 5.69 per cent 2018 security for Rs 5,000 crore earlier in the day. It will also sell the 4.83 per cent 2006 gilt for Rs 3,500 crore on Thursday.

The benchmark 7.27 per cent 2013 gilt ended at 5.0395 per cent.

Call money rates ended slightly higher at 4.45/4.60 per cent.

 Forex market

 Market Sentiment: Cautious

 

 

The rupee rose on the back of strong portfolio inflows, but was pulled off the day