GLOBAL MARKETS ROUNDUP
* Asian shares were steady on Wednesday and the dollar
benefited from rising U.S. Treasury yields, while the euro
remained under pressure ahead of expected easing steps from the
European Central Bank.
* The euro clung onto modest overnight gains early on
Wednesday, having been squeezed higher in what some traders
described as a 'buy-the-rumour-sell-the-fact' move in the wake
of subdued euro zone inflation data.
* Brent crude held near $109 a barrel on Wednesday, as
investors eyed U.S. oil inventory data and looked to euro zone
policies they hope could spur growth and boost the region's
energy demand.
* U.S. Treasuries yields rose to their highest in three
weeks on Tuesday as investors reset bets that yields are likely
to climb after they fell to 11-month lows last week.
LOCAL MARKETS PREVIOUS CLOSE
* BSE index 24,858.59 (up 0.70 pct)
* NSE index 7,415.85 (up 0.72 pct)
* Rupee 59.3850/3950 per dlr (59.1525/1625)
* 10-year bond yield 8.60 pct (8.66 pct)
* 5-year OIS rate 7.94 pct (8.08 pct)
* 1-year OIS rate 8.25 pct (8.39 pct)
* Call money 8.20/8.25 pct (7.05/7.10 pct)
OVERNIGHT NEWS
*
USD/INR NDFs (NY closing prices)
For up-to-date prices, double click PNDF
Close Open High Low Volume
59.60-61 59.60 59.73 59.61 N/A
FII INVESTMENTS-EQUITIES (Net dollars)
June 3* $96.82 mln
Year-to-date** $8.12 bln
* Provisional NSE data
** Source: Data as per the latest custodial filing as on
June 2 on SEBI website.
FII INVESTMENTS-DEBT (Net Dollars) INFIX INFII01* Debt
May 30 $151.48 mln
Year-to-date $7.74 bln
* Source: Data as per latest custodial filing as on June 2
on SEBI website.
GOVERNMENT SECURITIES TRADING (Net buy/sell, in rupees)
June 3
Foreign Banks 53.71 bln
Public Sector Banks -84.75 bln
Private Sector Banks 21.63 bln
Mutual Funds -2.60 bln
Others -4.06 bln
Primary Dealers 16.07 bln
Source: Clearing Corp of India Ltd
===========================================================
Instrument Payment Date Amount
(mln rupees)
===========================================================
SDL 09.32%, 2023 Interest Jun 04 139.80
(HIMACHAL PRADESH)
SDL 09.33%, 2023 Interest Jun 04 233.25
(RAJASTHAN)
SDL 09.35%, 2023 Interest Jun 04 392.70
(3 States)
SDL 09.37%, 2023 Interest Jun 04 2469.00
(6 States)
SDL 09.38%, 2023 Interest Jun 04 703.50
(TAMIL NADU)
SDL 09.39%, 2023 Interest Jun 04 1784.10
(2 States)
5.59% 2016 Interest Jun 04 1677.00
6.13% 2028 Interest Jun 04 3371.50
-------------------------------------------------------------
ISSUANCES
PAPER DATE AMOUNT (IN BLN RUPEES)
Tbills June 4 140
Bonds June 6 160
LIQUIDITY
* The Reserve Bank of India said on Tuesday it accepted all
21 bids for 71.20 billion rupees ($1.20 billion) at its one-day
repo auction, through which it injects liquidity into the
banking system.
* Indian banks' refinancing with RBI falls to 269.08 billion
rupees.
* Indian banks' cash balances with RBI falls to 3.29
trillion rupees.
* Asian shares were steady on Wednesday and the dollar
benefited from rising U.S. Treasury yields, while the euro
remained under pressure ahead of expected easing steps from the
European Central Bank.
* The euro clung onto modest overnight gains early on
Wednesday, having been squeezed higher in what some traders
described as a 'buy-the-rumour-sell-the-fact' move in the wake
of subdued euro zone inflation data.
* Brent crude held near $109 a barrel on Wednesday, as
investors eyed U.S. oil inventory data and looked to euro zone
policies they hope could spur growth and boost the region's
energy demand.
* U.S. Treasuries yields rose to their highest in three
weeks on Tuesday as investors reset bets that yields are likely
to climb after they fell to 11-month lows last week.
LOCAL MARKETS PREVIOUS CLOSE
* BSE index 24,858.59 (up 0.70 pct)
* NSE index 7,415.85 (up 0.72 pct)
* Rupee 59.3850/3950 per dlr (59.1525/1625)
* 10-year bond yield 8.60 pct (8.66 pct)
* 5-year OIS rate 7.94 pct (8.08 pct)
* 1-year OIS rate 8.25 pct (8.39 pct)
* Call money 8.20/8.25 pct (7.05/7.10 pct)
OVERNIGHT NEWS
*
USD/INR NDFs (NY closing prices)
For up-to-date prices, double click PNDF
Close Open High Low Volume
59.60-61 59.60 59.73 59.61 N/A
FII INVESTMENTS-EQUITIES (Net dollars)
June 3* $96.82 mln
Year-to-date** $8.12 bln
* Provisional NSE data
** Source: Data as per the latest custodial filing as on
June 2 on SEBI website.
FII INVESTMENTS-DEBT (Net Dollars) INFIX INFII01* Debt
May 30 $151.48 mln
Year-to-date $7.74 bln
* Source: Data as per latest custodial filing as on June 2
on SEBI website.
GOVERNMENT SECURITIES TRADING (Net buy/sell, in rupees)
June 3
Foreign Banks 53.71 bln
Public Sector Banks -84.75 bln
Private Sector Banks 21.63 bln
Mutual Funds -2.60 bln
Others -4.06 bln
Primary Dealers 16.07 bln
Source: Clearing Corp of India Ltd
===========================================================
Instrument Payment Date Amount
(mln rupees)
===========================================================
SDL 09.32%, 2023 Interest Jun 04 139.80
(HIMACHAL PRADESH)
SDL 09.33%, 2023 Interest Jun 04 233.25
(RAJASTHAN)
SDL 09.35%, 2023 Interest Jun 04 392.70
(3 States)
SDL 09.37%, 2023 Interest Jun 04 2469.00
(6 States)
SDL 09.38%, 2023 Interest Jun 04 703.50
(TAMIL NADU)
SDL 09.39%, 2023 Interest Jun 04 1784.10
(2 States)
5.59% 2016 Interest Jun 04 1677.00
6.13% 2028 Interest Jun 04 3371.50
-------------------------------------------------------------
ISSUANCES
PAPER DATE AMOUNT (IN BLN RUPEES)
Tbills June 4 140
Bonds June 6 160
LIQUIDITY
* The Reserve Bank of India said on Tuesday it accepted all
21 bids for 71.20 billion rupees ($1.20 billion) at its one-day
repo auction, through which it injects liquidity into the
banking system.
* Indian banks' refinancing with RBI falls to 269.08 billion
rupees.
* Indian banks' cash balances with RBI falls to 3.29
trillion rupees.
