Rupee flat
Mumbai: The rupee ended flat and moved in the narrow range of 44.10-44.13 during the day. The Indian currency opened at 44.13/1350, to close at 44.12/1250, against Wednesday's close of 44.12.

The six-month forward premia closed at 3.27 per cent (3.09 per cent) and the one-year at 3.02 per cent (2.9 per cent).

Bonds: Bond prices fell by 35 paise in expectation of higher inflation numbers on Friday.

Total traded volumes on the order matching system were Rs895 crore (Rs1,590 crore). Market participants are anticipating domestic inflation to accelerate on Friday to 6.48 per cent against 6.11 per cent in the previous week.

G-secs: The 8.07 per cent 10-year 2017 paper opened at Rs102.21 (7.74 per cent YTM) and closed at Rs101.81 (7.80 per cent YTM), against Wednesday's Rs102.15 (7.75 per cent YTM).

The 7.59-9 year-2016 paper opened at Rs99.05 (7.73 per cent YTM) and closed at Rs98.63 (7.799 per cent YTM), against the previous close at Rs99.01 (7.74 per cent YTM).

Call rates: There were no bids in the first one-day and second one-day repo auction under LAF. Call rates fell to 6.7-6.9 per cent against 6.75-7 per cent on Wednesday.

Reverse repo: In the first one-day reverse-repo auction under LAF, the RBI received and accepted one bid for Rs15 crore. The RBI received and accepted 10 bids for Rs2,985 crore in the second one-day reverse repo auction.

CBLO: The CBLO market saw 417 trades aggregating to Rs23,823.55 crore in the 5.95 per cent-7 per cent range.
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