GLOBAL MARKETS ROUNDUP
Asian shares started the week on a strong note on Monday after a weaker U.S. dollar helped fuel solid gains on Wall Street.
The S&P BSE Sensex rallied as much as 124 points in trade on Monday, following positive trend seen in other Asian markets. The rally in the index was led by gains in ICICI Bank, Sun Pharma, L&T, RIL and Tata MotorsBSE 0.89 %.
LOCAL MARKETS PREVIOUS CLOSE
• BSE index 28,261.08 (down 0.73 pct)
• NSE index 8,570.90 (down 0.74 pct)
• Rupee 62.4575/4675 per dollar (62.5150/5250)
• 10-year bond yield 7.75 pct (7.76 pct)
• 5-year OIS rate 7.01 pct (7.01 pct)
• 1-year OIS rate 7.53 pct (7.57 pct)
• Call money 7.80/7.90 pct (7.70/7.75 pct)
LIQUIDITY
The Reserve Bank of India said on Friday it accepted all 43 bids for 179.47 billion rupees ($2.87 billion) at its three-day repo auction, through which it injects liquidity into the banking system.
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