INDICATORS ,TENDER & MARKETS

INDICATORS (previous session)

* NSE provisional net buy/(sale) in bln rupees, Dec 15: FII (4.56), DII 1.36

* Institutional net buy/(sale) in bln rupees, Dec 12: FIIs (8.04), MF 4.82

* FII NSE futures net buy/(sale) in bln rupee, Dec 15: index 1.79, shr (8.89)

* Sensex 27319.56, down 31.12 points; Nifty 8219.60, down 4.50 points

* Crude: $55.91/bbl; Rupee: 62.94/$1; Gold: $1,193.50/ounce; 10-yr yld: 7.8329%

RBI COUNTER

* DAILY LAF TENDERS: One set of 1-day reverse repo (at 7.00%) and 1-day repo (at 8.00%). Bids for repo tender may be submitted between 0930 IST and 1030 IST, and reverse repo between 1900 IST and 1930 IST.

* TERM REPO TENDER: One set of 14-day variable rate term repo for 155 bln rupees. Bids may be submitted between 1100 and 1130 IST.

MARKETS

Call  : May open 15-20 bps above repo rate on demand for funds to meet advance tax outflows. 1-day call: 8.15-8.20% vs 8.00% Monday.

Bonds : May open steady on lack of fresh cues. Traders likely to stay off big bets ahead of US FOMC meet. 10-yr bond yield: 7.81-7.88% vs 7.83% Mon.

Rupee : Seen down as Nov trade deficit widens. Dollar sales by PSU banks likely for RBI to limit fall. Range: 62.80-63.30/$1 vs 62.94/$1 Monday.

Stocks: Seen rangebound with a negative bias ahead of US FOMC meet outcome. Nifty range: 8150-8280, Monday-end: 8219.60, down 4.50 points.

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