Indian Stock Market Daily Prediction


Posted December 5, 2014 by vivekhello4

The Indian rupee rose in the early trade on Friday. It has opened higher by 10 paise at 61.83 per dollar against the previous close of 61.93.

 
GLOBAL MARKETS ROUNDUP
Asian shares edged higher in early trade on Friday, while the dollar marked time ahead of the key U.S. jobs report later in the session that could help it retake ground lost to the euro overnight.

The S&P BSE Sensex was trading in a range with a positive bias on Friday tracking muted trend seen in other Asian markets. ITC, ICICI BankBSE 0.50 %, L&T were top Sensex gainers.

LOCAL MARKETS PREVIOUS CLOSE
• BSE index 28,562.82 (up 0.42 pct)
• NSE index 8,564.40 (up 0.31 pct)
• Rupee 61.9250/9350 per dlr (61.9050/9150)
• 10-year bond yield 7.97 pct (7.97 pct)
• 5-year OIS rate 7.17 pct (7.20 pct)
• 1-year OIS rate 7.80 pct (7.84 pct)
• Call money 7.40/7.50 pct (8.00/8.05 pct)

LIQUIDITY
The Reserve Bank of India said on Thursday it accepted all 16 bids for 48.74 billion rupees ($787.7 million) at its one-day repo auction, through which it injects liquidity into the banking system.

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Last Updated December 5, 2014