Market Commentary

Inter-bank call money rate ends at 9.35% on Tuesday - GEPL Capital



Posted On : 2013-10-02 21:45:50( TIMEZONE : IST )

Inter-bank call money rate ends at 9.35% on Tuesday - GEPL Capital

The Inter-bank call money rate traded in the range of 9.25% to 9.70% on Tuesday, ended at 9.35%.

Total Borrowings From RBI's Repo with banks Taking Rs.391520 mn on Tuesday Vs Rs. 377410 mn on Monday.

The benchmark 7.16% GOI 2023 Closed at 8.7286% on Tuesday Vs. 8.7658% on Monday.

US Treasury dropped for the first time in three days on speculation a shutdown of the U.S. federal government may end soon enough for lawmakers to work on extending the debt limit, minimizing damage to the economy.

10 year (7.16% GOI 2023) yield likely to move in the range of 8.67–8.72% level on Thursday.

Source : Equity Bulls

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