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 20-30 bps above repo rate on demand from banks to meet funding needs. 1-day call: 8.20-8.30% vs 8.20-8.25% Monday.
Bonds : May take opening cues from oil prices, US treasury yields. Seen in narrow range intraday. 10-yr bond yield: 7.90-7.98% vs 7.93% Monday.
Rupee : Seen steady on lack of major cues. Month-end importer dollar buys to weigh. Asian units, NDF eyed. Range: 63.55-63.75/$1 vs 63.66/$1 Monday.
Stocks: Indices seen range bound; government reforms eyed Nifty range: 8200-8300, Monday-end 8246.30, up 45.60 points.
* 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 20-30 bps above repo rate on demand from banks to meet funding needs. 1-day call: 8.20-8.30% vs 8.20-8.25% Monday.
Bonds : May take opening cues from oil prices, US treasury yields. Seen in narrow range intraday. 10-yr bond yield: 7.90-7.98% vs 7.93% Monday.
Rupee : Seen steady on lack of major cues. Month-end importer dollar buys to weigh. Asian units, NDF eyed. Range: 63.55-63.75/$1 vs 63.66/$1 Monday.
Stocks: Indices seen range bound; government reforms eyed Nifty range: 8200-8300, Monday-end 8246.30, up 45.60 points.
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