Booking profits by market participants in a range bound market led decline in bond prices by 13 paise on Nov 25. The markets rallied in the first half of trade as rate cut expectations continued. However, profit booking by market players pulled down the prices of the benchmark security. Total traded volumes on the order matching system were substantially lower at Rs 6,400 crore (Rs 15,213 cro re). The 8.24 per cent-10 year-2018 paper opened at Rs 106.75 (7.23 per cent YTM) and touched an intra-day high of Rs 107.34 (7.15 per cent YTM).
It ended at Rs 106.87 (7.21 per cent YTM), as against the previous close of Rs 107.0 (7.20 per cent Y TM). The 7.95 per cent-24 year-2032 paper opened at Rs 101.9 (7.77 per cent YTM) and closed at Rs 101.7 (7.79 per cent YTM).
It ended at Rs 106.87 (7.21 per cent YTM), as against the previous close of Rs 107.0 (7.20 per cent Y TM). The 7.95 per cent-24 year-2032 paper opened at Rs 101.9 (7.77 per cent YTM) and closed at Rs 101.7 (7.79 per cent YTM).
No comments:
Post a Comment