Daily Market Update - Global and Domestic Markets

[sukishan]

Daily Market Update   -14-07-2009

Global Factors :

INR opened against USD at 48.78 (Previous open - 49.08)

INR opened against EURO at 68.62 (Previous open - 68.32)

London Brent crude price up at US $ 61.03 per barrel (Previous - US $60.52)

US 10-yr benchmark yield up at 3.35% (Previous  3.30%)

Global Equity markets positive (DOW + 2.27%, FTSES + 1.82%, HSNG + 2.36, Nikkei + 2.40%)

Domestic Markets

Sensex closed down at - 103.90 (-0.77%) at 13,400.32

Nifty closed down at - 29.85 (-0.75%) at 3,974.05

Liquidity remained easy.

Call money traded in the range of 2.00-3.35%.  (Weighted average rate 3.23%) Call rate expected today 3.05 - 3.30%

Net Reverse Repo by RBI down : Rs. 130565 cr (14/07/09) from Rs. 146095 cr (13/07/09).

On 10-07-2009, 10-year traded in the range of 6.67% -6.83%. Today opened at 6.80% (Previous close - 6.67%)