Markets Report

Money market

Sentiment: Bearish

• Government securities prices sank for the second consecutive day on inflation concerns.
• The yield on the benchmark 10-year paper ended at 5.2626 per cent, higher than the Thursday's close of 5.2512 per cent.
• Call money rates ended higher at 4.40-4.50 per cent compared with 4.25-4.50 per cent on Thursday.

Forex market

Sentiment: Flat

• The rupee ended steady at 45.2450/2525 per dollar after touching an intraday high of 45.2425.
• The annualised premium on six-month dollar ended at 0.46 per cent compared with 0.58 on Thursday.

Outlook

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The rupee is expected to open around 45.25 per dollar on Monday.