Re closed lower at 43.54/$

MARKETS REPORTS

 Sentiment: Bullish  

• Prices of gilts moved up tracking the US yields and a marginal decline in oil prices.
• Prices of long and medium-term papers went up by 75-80 paise, whereas short-term prices fell by 30 paise.
• The benchmark 10-year 7.38 per cent 2015 closed at 6.82 per cent against 6.91 per cent on Tuesday.
• Call rates hovered at 5 per cent, whereas the reverse repo bids were at around Rs 15,000 crore.
• The market volume touched Rs 8,000 crore against Rs 5,000 crore on Tuesday.