Rupee gains further
Mumbai: The rupee strengthened further by two paise on Thursday against the dollar on strong FII inflows into the market. The rupee opened at 40, which was also the intra-day high and saw a low of 40.51 before ending the day at 40.43, marginally up from the previous close of 40.45. Dealers said the RBI bought dollars through the state-run banks to cap the appreciation of rupee. In forwards, the six-month premia closed at 2.2 8 per cent (2.09 per cent) while the 12-month closed at 2.27 per cent (2.18 per cent).

Bonds: Bond prices went up by about 15 paise and the yields fell by two basis points on profit booking by traders. The total traded volumes on the order matching system were at Rs10,380 crore (Rs11,515 crore).

G-secs: The yield on the 10-year paper ended at 8.01 per cent on Thursday against the previous close of 8.03 per cent. The 7.49 per cent 10-year-2017 paper open ed at Rs96.44 (8.02 per cent YTM) and closed at Rs96.53 (8.01 per cent YTM) against the previous close of Rs96.40 (8.03 per cent YTM). The 8.33 per cent 2036 paper opened at Rs99.10 (8.41 per cent YTM) and closed at Rs99.55 (8.37 per cent YTM).

Call rates: The call rates closed at 0.20-0.40 per cent on Thursday against the previous close of 0.50-0.75 per cent.

Reverse repo: The central bank received bids worth Rs94,220 crore through the reverse repo window under the two sessions of Liquidity Adjustment Facility while it accepted Rs1,997 crore. The apex bank did not receive any bids through the repo window. In the first one-day reverse repo auction, RBI received 40 bids for Rs55,370 crore while it accepted bids worth Rs1,996 crore.

In the second one-day reverse repo auction, RBI received 34 bids for Rs38,850 crore while it accepted Rs1,001 crore. There were no repo bids in the first and second one-day auctions.

CBLO: The CBLO market saw 235 trades aggregating Rs20,483 crore in the 0.02-0.10 per cent range.
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