GLOBAL MARKETS ROUNDUP
* Asian stocks rose in early trade on Thursday, riding on
the optimism of Wall Street after the U.S. Federal Reserve gave
a positive assessment of the world's largest economy and
committed to retaining its accommodative monetary policy.
* The U.S. dollar wallowed at its lowest in nearly two weeks
against a basket of major currencies early on Thursday, having
beat a hasty retreat after the Federal Reserve signalled that
interest rates will stay low for a while yet.
* Brent crude rose to a nine-month high on Wednesday as
investors worried about exports from Iraq, while U.S. crude
dipped after government numbers showed domestic crude
inventories fell much less than an industry group had
reported.
* U.S. Treasuries prices gained on Wednesday after the
Federal Reserve took a more dovish stance on monetary policy
than some had expected at its June meeting, a day after data
showed inflation pressures are rising.
LOCAL MARKETS PREVIOUS CLOSE
* BSE index 25,521.19 (down 1.1 pct)
* NSE index 7,631.70 (falls 0.96 pct)
* Rupee 60.39/40 per dlr (60.03/04)
* 10-year bond yield 8.67 pct (8.60 pct)
* 5-year OIS rate 7.88 pct (7.82 pct)
* 1-year OIS rate 8.33 pct (8.28 pct)
* Call money 7.00/7.10 (8.00/8.05 pct)
KEY FACTORS/EVENTS TO WATCH
* India to sell 150 bln rupees of bonds on June 20 - cbank
DEALS
* Corporate debt restructuring cell has approved corporate
debt restructuring package of Hanung Toys and Textiles
.
OVERNIGHT NEWS
* Moody's: India's high fiscal deficits have exposed the
economy to shocks and constrained the Baa3 sovereign
rating.
* The Reserve Bank of India has asked banks to disclose
sector wise loans in their financial statements from 2014/15
onwards.
USD/INR NDFs (NY closing prices)
For up-to-date prices, double click
Close Open High Low Volume
60.09-11 60.64 60.75 60.10 N/A
FII INVESTMENTS-EQUITIES (Net dollars)
June 19* $61.31 mln
Month-to-date** $2.36 bln
Year-to-date** $9.96 bln
* Provisional NSE data
** Source: NSDL
FII INVESTMENTS-DEBT (Net Dollars) INFIX INFII01* Debt
June 18 -$72.31 mln
Month-to-date $2.94 bln
Year-to-date $10.53 bln
* Source: NSDL
GOVERNMENT SECURITIES TRADING (Net buy/sell, in rupees)
June 18
Foreign Banks -19.71 bln
Public Sector Banks 39.25 bln
Private Sector Banks -3.53 bln
Mutual Funds -4.00 bln
Others 7.18 bln
Primary Dealers -19.19 bln
Source: Clearing Corp of India Ltd
LIQUIDITY
* The Reserve Bank of India said on Wednesday it accepted
all 48 bids for 206.09 billion rupees ($3.45 billion) at its
one-day repo auction, through which it injects liquidity into
the banking system.
* Indian banks' refinancing with RBI rises to 329.48 billion
rupees.
* Indian banks' cash balances with RBI rise to 3.23 trillion
rupees.
($1 = 59.7000 Indian Rupees)
* Asian stocks rose in early trade on Thursday, riding on
the optimism of Wall Street after the U.S. Federal Reserve gave
a positive assessment of the world's largest economy and
committed to retaining its accommodative monetary policy.
* The U.S. dollar wallowed at its lowest in nearly two weeks
against a basket of major currencies early on Thursday, having
beat a hasty retreat after the Federal Reserve signalled that
interest rates will stay low for a while yet.
* Brent crude rose to a nine-month high on Wednesday as
investors worried about exports from Iraq, while U.S. crude
dipped after government numbers showed domestic crude
inventories fell much less than an industry group had
reported.
* U.S. Treasuries prices gained on Wednesday after the
Federal Reserve took a more dovish stance on monetary policy
than some had expected at its June meeting, a day after data
showed inflation pressures are rising.
LOCAL MARKETS PREVIOUS CLOSE
* BSE index 25,521.19 (down 1.1 pct)
* NSE index 7,631.70 (falls 0.96 pct)
* Rupee 60.39/40 per dlr (60.03/04)
* 10-year bond yield 8.67 pct (8.60 pct)
* 5-year OIS rate 7.88 pct (7.82 pct)
* 1-year OIS rate 8.33 pct (8.28 pct)
* Call money 7.00/7.10 (8.00/8.05 pct)
KEY FACTORS/EVENTS TO WATCH
* India to sell 150 bln rupees of bonds on June 20 - cbank
DEALS
* Corporate debt restructuring cell has approved corporate
debt restructuring package of Hanung Toys and Textiles
.
OVERNIGHT NEWS
* Moody's: India's high fiscal deficits have exposed the
economy to shocks and constrained the Baa3 sovereign
rating.
* The Reserve Bank of India has asked banks to disclose
sector wise loans in their financial statements from 2014/15
onwards.
USD/INR NDFs (NY closing prices)
For up-to-date prices, double click
Close Open High Low Volume
60.09-11 60.64 60.75 60.10 N/A
FII INVESTMENTS-EQUITIES (Net dollars)
June 19* $61.31 mln
Month-to-date** $2.36 bln
Year-to-date** $9.96 bln
* Provisional NSE data
** Source: NSDL
FII INVESTMENTS-DEBT (Net Dollars) INFIX INFII01* Debt
June 18 -$72.31 mln
Month-to-date $2.94 bln
Year-to-date $10.53 bln
* Source: NSDL
GOVERNMENT SECURITIES TRADING (Net buy/sell, in rupees)
June 18
Foreign Banks -19.71 bln
Public Sector Banks 39.25 bln
Private Sector Banks -3.53 bln
Mutual Funds -4.00 bln
Others 7.18 bln
Primary Dealers -19.19 bln
Source: Clearing Corp of India Ltd
LIQUIDITY
* The Reserve Bank of India said on Wednesday it accepted
all 48 bids for 206.09 billion rupees ($3.45 billion) at its
one-day repo auction, through which it injects liquidity into
the banking system.
* Indian banks' refinancing with RBI rises to 329.48 billion
rupees.
* Indian banks' cash balances with RBI rise to 3.23 trillion
rupees.
($1 = 59.7000 Indian Rupees)
