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 for reverse repo between 1900 IST and 1930 IST.
* TERM REPO: One set of 14-day variable rate term repo for 150 bln rupees. Bids may be submitted between 1100 and 1130 IST.
* STATE DEVELOPMENT LOAN AUCTION: RBI to hold auction of 81.80 bln rupees worth of bonds issued by 10 states--Arunachal Pradesh, Bihar, Maharashtra, Meghalaya, Rajasthan, Tamil Nadu, Telangana, West Bengal, Punjab and Uttar Pradesh.
MARKETS
Call : Seen opening 5-10 bps above repo rate on likely demand from banks to meet reserve needs. 1-day call: 8.05-8.10% vs 8.00-8.05% Mon.
Bonds : May open steady in absence of fresh cues. To track movement in crude oil prices, US Treasury yld. 10-yr bond yld: 7.88-7.94% vs 8.16% Mon.
Rupee : May open lower as Jul-Sep CAD data may weigh on sentiment. Cos' dlr sales to limit fall. Range: 61.8000-62.1000/$1 vs 61.8350/$1 Mon.
Stocks: Set to open marginally down tracking weakness in global equities. Nifty range: 8350-8480, Monday-end: 8438.25, down 100.05 points.
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