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.
MARKETS
Call : Seen opening above RBI's repo rate as demand for funds is likely to remain strong. 1-day call: 8.00-8.60% vs 9.00% Wednesday.
Bonds : May open steady in absence of fresh triggers. Mild profit sales may weigh on prices. 10-year bond yield: 7.84-7.88% vs 7.85% Wednesday.
Rupee : Seen steady to tad up. Asian, US, most European markets shut so trade volumes to be low. Range: 62.8500-63.2000/$1 vs 63.0300/$1 Wednesday.
Stocks: Seen rangebound amid lack of major triggers. Nifty range: 8200-8350, Wednesday-end: 8282.70, up 34.45 points.
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* 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.
MARKETS
Call : Seen opening above RBI's repo rate as demand for funds is likely to remain strong. 1-day call: 8.00-8.60% vs 9.00% Wednesday.
Bonds : May open steady in absence of fresh triggers. Mild profit sales may weigh on prices. 10-year bond yield: 7.84-7.88% vs 7.85% Wednesday.
Rupee : Seen steady to tad up. Asian, US, most European markets shut so trade volumes to be low. Range: 62.8500-63.2000/$1 vs 63.0300/$1 Wednesday.
Stocks: Seen rangebound amid lack of major triggers. Nifty range: 8200-8350, Wednesday-end: 8282.70, up 34.45 points.
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