MARKETS
Call : Seen opening 5-10 bps above repo rate on likely demand from banks to meet reserve needs. 1-day call: 7.80-8.20% vs 8.15-8.25% Tue.
Bonds: To take opening cues from crude oil prices and US Treasury yields. May trade in positive bias in absence of gilt auction this week. 10-year bond yield: 7.88-7.93% vs 7.90% Tuesday
Rupee : To open up as euro's rise vs dlr may prompt banks to sell dollars. Cos' dlr buys to check rise. Range: 61.75-62.00/$1 vs 61.8800/$1 Tue.
Stocks: Set to fall further tracking weak global equities. Nifty range: 8250-8380, Tuesday-end: 8340.70, down 97.55 points.
No comments:
Post a Comment