Business Standard

Re steady at 44.28/$

MARKETS REPORT

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Our Banking Bureau Mumbai
  • Quarter-end balance sheet considerations led to gilt buying by the banks
  • Prices of government securities even in cash-tight situation went up by 10-12 paise
  • Yield on the ten-year paper closed at 7.6150 per cent as against 7.63 per cent on Thursday
  • Call rates zoomed to six-year high of 20 per cent due to excess demand for rupee liquidity
  • The Reserve Bank of India (RBI) infused liquidity to the tune of RS 32,000 crore into the market
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    First Published: Dec 30 2006 | 12:00 AM IST

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