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					10Y Gsec (7.59%) 5Y Gsec (9.39%) 5Y AAA 1Y AAA 1Y TB 91D TB 3M CP 8.07% GOI 2017 Call Rate (%) R.Repo / Repo (Rs.Cr.) INR/$ Euro/$ Inflation (%) Oil (NYMEX) ($) Gold ($/Oz) 10Y UST Last 91D Tbill Cut-off Last 364D Tbill Cut-off Sensex (Prev close) Nifty (Prev close)
Source: Moneyline Telerate

7-Dec oct 6.57 7.2 7

8-Dec 7.09 6.58 7.2 6.98

9-Dec 7.09 6.58 7.24 6.95

12-Dec 7.1 6.59 7.28 6.95

13-Dec 7.1 6.6 7.3 7

14-Dec 7.1 6.59 7.28 6.95

15-Dec 7.09 6.58 7.25 6.95 5.77

5.30-40 27240cr 46.1 1.170 4.32 60.25

5.25-35 17530 46.32 1.170 4.32 59.46

7.22% 5.30-40 10775 cr 46.17 1.180 4.32 61.30

5.60-70

4.54

7.24% 6.10-20 4025 46.05 1.190 4.54 61.07

7.22 7.20% 5.75-6.25 5.90-6.10 940 cr 1035 cr 45.85 45.56 1.200 1.190 4.54 4.54 61.31 60.50 4.51 4.46

Daily Note

Disclaimer:
This document has been prepared by Kotak Mahindra Bank (KMBL) based upon information generally available to the public or sources generally considered reliable. KMBL does not warrant the completeness or accuracy of the information. Opinions and estimates contained herein are subject to change without notice. This material is for private information only and opinions expressed are our current opinions as of the date appearing on this material only. This document does not have regard to the specific currency exposures or the particular needs of any specific person who may receive this document.

16-Dec 7.09 6.58 7.26 6.95

19-Dec 7.09 6.58 7.26 6.95

20-Dec 7.12 6.59 7.3 6.95 5.85

21-Dec 7.12 6.59 7.32 6.95 6.03 5.85 7.22% 6.35-45 - 2050 cr 45.34 1.180 4.55 58.05 4.46

23-Dec 7.12 6.58 7.35 6.9 6.06

26-Dec 7.11 6.57 7.5 7.05 6.15 5.9

28-Dec 7.11 6.57 7.55 7.05 6.15 5.95

29-Dec 7.11% 6.57% 7.50% 7.10% 6.14% 6.02%

30-Dec 7.10% 6.57% 7.45% 7.05% 6.12% 6.01%

7.20% 6.40-50 5750 cr 45.43 1.190 4.54 59.84

7.21% 6.25-45 2325 cr 45.18 1.200 4.55 58.15

7.22% 6.30-40 - 4539 cr 44.97 1.190 4.55 58.23

7.22% 6.20-30 - 5510 cr 45.1 1.180 4.55 58.20 4.44

7.21% 7.19% 7.20% 7.19% 6.40-50 6.80-7.00 7.00-7.20% 6.75-90% 5870 cr - 20935 CR - 24670 cr - 26890 cr 45.1 45.29 45.16 45.06 1.180 1.180 1.185 1.188 4.5 4.5 4.5 4.5 58.43 57.90 59.85 60.15 4.43 4.37

Yesterday the 91D TB cutoff came at 6.10%

2-Jan 7.10% 6.57% 7.40% 7.00% 6.25% 6.10%

3-Jan 7.07% 6.55% 7.35% 7.00% 6.15% 6.05%

4-Jan 7.07% 6.56% 7.35% 7.00% 6.15% 6.04%

5-Jan 7.07% 6.56% 7.25% 6.90% 6.08% 6.00%

6-Jan 7.07% 6.56% 7.25.% 6.90% 6.06% 6.00%

9-Jan 7.08% 6.58% 7.28% 6.90% 6.05% 6.00%

10-Jan 7.08% 6.58% 7.28% 7.00% 6.15% 6.08%

12-Jan 7.09% 6.58% 7.30% 7.06% 6.20% 6.12%

13-Jan 7.10% 6.57% 7.35% 7.10% 6.25% 6.14%

7.20% 7.16% 7.17 7.18 7.17 7.18% 7.19% 7.19% 7.20% 6.40-60% 5.80-6.00% 5.30-50% 5.50-60% 5.50-60% 6.60-80% 7.00-7.25% 7.25-50% 7.25-75% - 27755 cr - 11800 cr 1890 cr 3165 cr 3355 cr 3290 cr - 12910 cr - 23895 - 27370 cr 45.06 44.9 44.81 44.65 44.69 44.31 44.42 44.19 44.24 1.183 1.187 1.205 1.210 1.208 1.210 1.200 1.210 1.205 4.62 4.62 4.62 4.62 4.62 4.40% 4.40% 4.40% 4.40% 61.04 61.40 62.92 63.27 62.79 64.35 63.24 64.50 63.77 4.36 4.39 4.35 4.36 4.38% 4.37% 4.44% 4.41

Markets rally ahead of auction anouncement. * at 6.12% vsbecauselastdemand by banks Up due to to meet cash reserve t 364D Tbill Cut-off came call Is tight Auction results High at 7.40% funds as banks borrow to m * 6.17% of CALL * week. * CALL for at 8% persistent tightness in RBI anounced Auction toExpects liquidity to2034 came Worries oversessions due toliquidity, rise in * be held on 7.40% remain tight in coming Mkt expectations of 7.46% * 9th Jan, Monday:- at 7.42% vs tight interbank bond auction * GILTS Auction to be held Between 3-11 jan 6000 cr* Today Auction of 9.39% cae in and 7.40% 2034 For 6 & 4 at 6.69% resp 9.39% 2011 for * 9.39% 2011 2011 line with mkt expectations Thousand 7.40% 2034 for 4000 Cr

16-Jan 7.10% 6.57% 7.35% 7.12% 6.28% 6.20%

17-Jan 7.08% 6.68% 7.34% 7.09% 6.24% 6.18%

18-Jan 7.08% 6.69% 7.34% 7.05% 6.25% 6.18%

25-Jan 7.18% 6.90% 7.55% 7.30% 6.55% 6.45%

30-Jan 7.38% 6.99% 7.60% 7.45% 6.85% 6.75%

31-Jan 7.30% 6.92% 7.55% 7.40% 6.80% 6.75%

1-Feb 7.23% 6.92% 7.67% 7.50% 6.78% 6.65%

2-Feb 7.30% 6.98% 7.70% 7.55% 6.73% 6.60%

7.20% 7.18% 7.20% 7.37% 7.43% 7.37% 7.34% 7.36% 7.25-75% 6.90-7.10% 6.40-60% 7.75-8.00% 7.75-8.00% 7.25-7.50% 7.00-7.25% 7.00-7.40% - 32575 cr -22300 cr - 15420 cr - 18165 cr -20555 cr - 10205 cr - 8705 cr - 11560 cr 44.13 44.31 44.50 44.35 44.16 44.06 44.13 44.26 1.215 1.211 1.209 1.220 1.209 1.209 1.215 1.206 4.40% 4.40% 4.40% 4.24% 4.40% 4.40% 4.40% 4.40% 63.92 64.80 67.30 66.72 68.25 68.35 67.59 67.00 4.35% 4.37% 4.31% 4.40% 4.51% 4.53% 4.52% 4.58%

* Government bond prices roseup as call rate on overnight fall oilCALL EasesU.S. U.S.with*days. Opens little above reverserelativelyMa * Gilt prices * GILTS slightly downthe rise below 7%*for to10-yearcombined $66 25-bps demanddemand stayson repohigh lo inched Prices afterFirm atCALL Firm due the firstaround several unchanged, in RBI' banks 7%150-200 bln ru * CALL eased in crude in theliquiditytimetightnessmoderate hike as may borrow moderate. m * 8% due to tight prevalent in Almost per barrel. prices to * CALL on in liquidity. Banks as repo, maintained rates slightly CALL * From today CALL EasesGILTS Sharplyas the 5Y dealers pareof up in choppy up tight liquiditydownfears of days yields aucti * I have taken to 6.50% asGILTS Up on GILTSgovernment would * GILTS likely toand of further hopes of atDea * 9.39% 2011demand wanes ahead * GILTS Up Fri. Banks Open the liquidity improvement. imp * down as * hope Staypositions amidst spending in hints because rate hikes. Liq Gsec. Reporting despite U.S. Fed of next few high thereby au trade on hopes borrow 80-100 bln rupees th * RUPEE Opens up as dollar weak againstoverseas on ho * RUPEE Down as dollar up Asian currenci

15-Feb 16-Feb 7.31% 7.32% 7.03% 7.03% 7.83% 7.85% 7.65% 7.70% 6.70% 6.74% 6.65% 6.67% 7.59% 7.62% 7.35% 7.36% 7.31% 7.34% 7.37% 7.34% 7.35% 7.37% 7.36% 6.80-7.00% 7.00-7.25 7.00-7.25 7.00-7.25 6.80-7.20 7.00-7.25 7.00-7.25 7.00-7.25 6.80-7.10 - 11215 cr - 11215 cr - 17820 cr - 14755 - 17350 -19315 - 20710 -24015 - 18590 44.19 44.20 44.30. 44.2 44.23 44.25 44.22 44.24 44.27 1.209 1.201 1.196 1.197 1.198 1.190 1.190 1.192 1.187 4.40% 4.51% 4.51% 4.51% 4.51% 4.30% 4.30% 4.30% 4.30% 64.70 66.31 64.84 62.94 62.80 61.50 61.05 59.58 58.05 572.88 572.10 570.25 550.65 561.35 544.80 535.20 547.05 536.60 4.56% 4.53% 4.56% 4.56% 4.54% 4.58% 4.58% 4.61% 4.59%

3-Feb 7.29% 6.97% 7.69% 7.55% 6.71% 6.57%

6-Feb 7.31% 6.99% 7.74% 7.58% 6.71% 6.55%

7-Feb 7.25% 6.92% 7.70% 7.55% 6.70% 6.56%

8-Feb 7.31% 6.97% 7.75% 7.58% 6.70% 6.54%

10-Feb 7.33% 7.01% 7.80% 7.60% 6.72% 6.56%

13-Feb 7.29% 6.97% 7.79% 7.57% 6.71% 6.59%

14-Feb 7.28% 6.98% 7.79% 7.58% 6.69% 6.61%

9843.87 2967.45

9742.58 2940.60

9980.42 3000.45

10082.28 10044.82 10110.97 10173.25 10086.83 10113.18 3020.10 3008.95 3027.55 3041.15 3017.55 3022.20

* CALL Eases slightlyOpens firm Opensin liquidity* duesurpluses aheadlow 60-billion-rupee auctionsCALLgilt 7.25%high as persistentin ne * CALL on * CALL as lenders withholdunchanged higher ofdemandof strong asOpensTue. Demand positions for weekend improvementCALL Almost to Opens as high ahead persistentexpenditure. Opens firm despite typical150-1 * firm as demand inflows from government's60-bln-rupee*rupee at auction. mayis moderate d CALL high, CALL Firm due to forsalary tightness liquidity. paymentto borrow supp * supply as demand * CALL banks firm to cover due outweighs tigh 60-bln-rupee gilt auction Banks look * GILTS Opens up after lower lower and wide Staysof in callrupeeslower inin monthly * GILTSoil prices about 60-billion-rupee auctionsyie * GILTS Quoted auction amountas *60 firm after U.S. from scheduled pricesof weak* biddingsentiment.below $65.away. cr * GILTS Opens up hopesGILTS Quoted $2/bbl fall in band. crude rupeesnearlyat toliquidity.buyers in US T * GILTS of risebillion money rate leads tooil as Worry over GILTSIncome down as worries over improvement inCut wide worries andOpen liftsbetter because of rise global * GILTS liquidity and 90 billion hopes of liquidity fall post office Monthly Opens Scheme, low tight flat keeps * RUPEE Up asRUPEE Firm versus Weakensstuck RUPEEto state-run2-3yen,rate hike.views by higher interest supply matched. gap comp * dollar weak in choppy RUPEE Continues Was higher Weakens asbuyingdollarforeignBunched-up inflowsU.S. dollar mi * RUPEE euro after as dollar gains move intheon light dollar*with gains demand and in calm tradeafterOil wide * trade ECB between * at an interest euro on salesandbanks. banks' rates dollartrade Banks a * chief hints RUPEEbanks' dollar dollar of Little changed selling. the gains oversea versus paise band RUPEE * RUPEE Slips as U.S. overseas even in as holiday

17-Feb 20-Feb 21-Feb 7.29% 7.30% 7.35% 7.02% 7.04% 7.04% 7.83% 7.82% 7.85% 7.65% 7.65% 7.68% 6.79% 6.77% 6.78% 6.67% 6.65% 6.67% 7.62% 7.63% 7.64% 7.33% 7.35% 7.32% 6.60-6.70 7.00-7.10 6.90-7.15 - 10165 - 8920 - 21505. 44.39 44.43 44.37 1.188 1.197 1.192 4.30% 4.08% 4.08% 58.92 59.88 62.39 546.05 552.80 552.35 4.58% 4.54% 4.55%

22-Feb 7.35% 7.06% 7.85% 7.67% 6.77% 6.64% 7.64% 7.35% 7.00-7.10 - 20070 44.48 1.192 4.08% 62.45 553.85 4.57%

23-Feb 24-Feb 7.37.% 7.38% 7.10% 7.08% 7.90% 7.95% 7.70% 7.73% 6.76% 6.77% 6.66% 6.68% 7.70% 7.79% 7.38% 7.36% 6.90-7.00 6.80-6.90 - 17930 - 14985 44.57 44.435 1.190 1.192 4.08% 4.08% 60.50 60.81 553.10 550.65 4.52% 4.56%

27-Feb 7.38% 7.07% 7.95% 7.78% 6.77% 6.67% 7.86% 7.37% 6.80-90 - 12715 44.42 4.02% 62.17 553.85 4.58%

28-Feb 7.38% 7.06% 7.98% 7.78% 6.79% 6.73% 7.97% 7.36% 6.70-80 - 6550 44.51 1.186 4.02% 60.60 555.00 4.59%

1-Mar 7.41% 7.11% 8.00% 7.78% 6.76% 6.77% 7.95% 7.39% 6.40-60 - 3635 44.32 1.194 4.02% 61.50 561.45 4.56%

10124.3 3021.60

9981.11 2981.50

10079.3 3005.85

10168.11 3035.50

10292.32 3069.85

10244.05 10282.09 10327.08 10370.24 3062.10 3067.45 3076.90 3074.70

* CALL Opens nearOpens little Opensdemand on reserve inOpens slightlyCBLOssome government * borrowAlmost unchangedsupply s * CALL 7%*amidst changed onOpens firm above 7% CALL Opens nearStaysCALLbecauseofby matchedrupees ease dema CALL lowerCALL changed*amid Reporting Dealersdemand weighted average supply stayed by low via ononce * little improvement high demand and*thin highfrom banksrelatively 6.25%.likely. moderate suppl CALL supply. Day. up CALL 7%*amidst Almost unchanged on may supply. rep * on strong say supply. Bankscouldexpendituredemand while RBI as at demand may notoflower bln thin. firm while CALLhigh Rate and thin mod 200 * GILTS Open little changed.in wide*are hopes up postponement on 50-billion-rupeetender.GILTSup.yieldpre-budgetrelease of to providel * GILTS Quoted There band asWeaken cancellationofschedule, *tightslightly * weighUSinsentiment. Inflation data could as th * GILTS Open sharply of on* over auctionof value Opens riseauction.on bargain and liquidityadds comfort. falltr GILTS worries as tight Up * GILTS buying after falling Ease Traders await sentiment. contain b GILTS interbank liquidity, liquidity Profit on *onbuying. on concerns Economic scheduled gilt in 10-year salesGILTS Openspositioning. Trade GILTS Marginally Up callworries that little changed tight up sharply on weigh rate also liquidity May * RUPEE Slips as banks RUPEE Down as dollar up*on dollar Up *as dollar weaksentiment RUPEE tonon-deliverable of weakweakensdoll * RUPEE Up built dollar*positions Weak after loweroil prices firm. RUPEE Off highs Unlikely tobecause forwardfrom bankso * as dollar weakens vs euro overseas, U.S. consumer versusbe under on for foreigngreenback Talk of yuanfu RUPEE expecting corporateRUPEE Up Likelybanks, data. pressure sell Up asoutflows.May to cor RUPEE demand from to as dollar continues Down onstrengthen muchrelated ov demand foreign to yen. Dealers* also dollar demand supplies, c * continue. * possibly weaken versus yen. as arbitrage r RUPEE fund dollar due fall

2-Mar 7.42% 7.18% 7.98% 7.82% 6.74% 6.68% 7.94% 7.42% 6.30-50 - 3925 44.33 1.192 4.02% 62.19 563.20 4.58%

3-Mar 7.44% 7.16% 8.00% 7.83% 6.80% 6.70% 7.99% 7.42% 6.30-50 - 755 44.34 1.202 4.02% 63.60 569.15 4.64%

6-Mar 7.42% 7.27% 8.09% 7.88% 6.79% 6.66% 8.09% 7.47% 6.60-70 - 6360 44.35 1.206 4.34% 63.38 567.15 4.69%

7-Mar 7.43% 7.24% 8.14% 7.98% 6.80% 6.69% 8.15% 7.43% 6.80-90 - 12510 44.33 1.193 4.34% 62.32 557.20 4.74%

8-Mar 7.41% 7.20% 8.16% 8.00% 6.84% 6.71% 8.20% 7.41% 6.75-85 - 8060 44.38 1.189 4.34% 61.50 551.35 4.72%

9-Mar 7.39% 7.21% 8.26% 8.03% 6.81% 6.69% 8.20% 7.38% 6.70-80 - 6980 44.56 1.193 4.34% 59.97 542.45 4.73%

10-Mar 7.38% 7.22% 8.31% 8.05% 6.80% 6.64% 8.20% 7.39% 6.60-6.70 - 6400 44.49 1.190 4.34% 60.65 546.05 4.74%

13-Mar 7.42% 7.25% 8.34% 8.06% 6.79% 6.63% 8.41% 7.42% 6.60-70 - 6980 44.51 1.194 4.29% 60.24 544.60 4.77%

14-Mar 7.43% 7.25% 8.35% 8.06% 6.79% 6.62% 8.52% 7.42% 6.20-40 - 605 44.47 1.197 4.29% 61.65 544.20 4.77%

10565.47 10626.78 10595.43 10735.36 10725.67 10508.85 10573.54 10765.16 10803.71 3123.10 3150.70 3147.35 3190.40 3182.80 3116.70 3129.10 3783.90 3202.65

* CALL Eases after Opensquoted high at openunchanged ondemandas*liquidityOpens marginallyCALLmoderate demand.on averagedea * CALL being unchanged almost on moderate CALL Opens slightlytight supply. BanksonEases fromaround 100of placem * CALL Opens on modest demanddown on moderate demand, tight liquidity. demand, demand, tightimproved b * CALL Opens slightly * moderate demand,CBLOs dealt atamid maydealt downsupply.6.08%.rupee * CALL Demand low ahead of Reporting Friday. weighted borrow weighted CBLOs rat on Reporting CALL with CALL Firm improved. Private placement supply. als Friday. upbanks moderate Demand tightopenprivate gilts Ba * amid has* CBLOs average rate ofBanks may s up better at on bln * GILTS Quoted in aOpen band as worries over* tight liquidity, governmentup onOpens traders borrowing,yields. liquidity,of rise to issua * GILTS wide down Down on worriesinsharply higher after RBIup because up on riseGILTS100 Nobuyingdone taxFall in repo * GILTS on*tracking Open over tight* liquidity,Open borrowing weigh Flatsentiment.liquidityrupees no bonds. ofwo GILTS rise GILTS Opens worries * GILTS improved liquidity. Theimproved willperceived in be a U.S. yields marginally takes private placement U.S.earlychangedbe absence But GILTS government borrowing,on* amid easy billion tightness. more US n over likely governmenthopes of thatliquidity despite far. * GILTS relieved Little deals as so outflow y in of there * RUPEE Slightly up on*dollarup supported by the euro's riseRUPEEthe $1.2000 dollar strengthriseoverseas.takeexportersmuchthe ons * RUPEE Slightly sales*by foreign banks purchases by some against Down as mark.overseas.to toas advantage of today. RUPEE Weakens on dollar down opening down foreign perRUPEE Recoups losses versusabove 44.32/$1 du RUPEE Slightly after * openingfirmRUPEE major currencies banks Unlikely toyen. But big sales * RUPEE Off above Downduedollar demand form vs yen weighs. rise dollar fall un as dollar lows on to banks.sales byRUPEE Rises rise * due to dollar Dollar* strengthens on dollar weakens again * euro dollar But unlikely exporters.

16-Mar 7.43% 7.26% 8.40% 8.09% 6.77% 6.62% 8.50% 7.43% 5.80-6.10 3560 44.4 1.205 4.29% 63.68. 551.85 4.73%

10801.72 3195.35.

17-Mar 20-Mar 21-Mar 22-Mar 23-Mar 24-Mar 27-Mar 7.46% 7.42% 7.42% 7.38% 7.39% 7.39% 7.38% 7.22% 7.23% 7.20% 7.22% 7.21% 7.12% 7.12% 8.39% 8.36% 8.36% 8.34% 8.34% 8.34% 8.34% 8.09% 8.09% 8.11% 8.08% 8.09% 8.07% 8.06% 6.72% 6.71% 6.71% 6.67% 6.69% 6.62% 6.57% 6.60% 6.55% 6.57% 6.56% 6.55% 6.46% 6.36% 8.48% 8.48% 8.48% 8.50% 8.55% 8.60% 8.55% 7.39% 7.40% 7.37% 7.39% 7.39% 7.36% 7.38% 5.80-6.00 7.00-7.10 7.00-7.25 7.00-7.20 7.00-7.25 6.60-6.70 6.50-60 10310 - 4150 - 22765 - 25900 - 24740 - 18940 - 11795 44.36 44.43 44.35 44.47 44.56 44.66 44.65 1.217 1.217 1.214 1.208 1.205 1.196 1.205 4.29% 4.02% 4.02% 4.02% 4.02% 4.02% 4.28% 65.05 64.25 61.82 62.35 63.28 63.87 64.31 554.10 555.25 553.60 553.35 550.55 549.80 560.25 4.65% 4.68% 4.67% 4.71% 4.70% 4.73% 4.67% 6.60% 6.60% 6.60% 6.60% 6.52% 6.75% 6.75% 6.75% 6.75% 6.75% 10878.04 10860.04 10941.11 10905.2 10841.35 10840.59 10950.34 3226.60 3234.05 3265.65 3262.30 3240.15 3247.15 3279.80

28-Mar 7.38% 7.16% 8.34% 8.06% 6.57% 6.34% 8.55% 7.43% 6.10-6.25 - 1845 44.705 1.200 4.28% 64.16 566.25 4.69% 6.52% 6.75% 11079.02 3321.65

* CALL Rate * CALL Opens firm Opens above 7%from banks on ReportingMay in liquidity.mayimprovementweighted weighted rate dealta little changedCALL on high demand CALL Aboveduedealers. tightness * Demand strong due to borrow aroundCBLOs ofrev * as rise in * CALL reverseabovecomfort to tightnessadvancedueCBLOs dealtEases90 bln averageatrate adv bids at Opensbecause supply thin due Friday. Banks in the day and to RBI's at rupees average * repo 7%CALLdue toCALL spike CALL to deploy around supply. CBLOs dealtofwh * 7% Opens nearEases liquidity. Banks may in becausetender risesat6 * to 7%. later outflow.closeatsupplies lower following 6. in tax Opens CBLOs dealt repo supply RBI r * CALL tax outflows. 250 billion * GILTS Quoted in wide band as worries thatliquidity, call inoutflow of around crude prices.onof statelittle bidstake liquidity. inbandCRR pra * GILTS Up *on improvementdown. High fall Open lower Opens down asyields, borrowing programme forwide Furthersentiu GILTS Slightly in Open up tracking fall in traders.move up GILTSrupees RBI changed steps2006-07fall onsett * GILTS advance taxrate GILTS global 250-300 news rise * GILTSwillimprovementdampens to cu * GILTS U.S. yields. May in U.S.* billion hopesrepo Quoted Tuesday. short-termre * deters on*rise Worries another 0.05-0.10 tightenandMonsuch as alsofall t GILTS Stay up Hope in liquidity late in a Friday. Despite over Open bondrupee from may while of may auctions then Volumes * RUPEE Rises as banks* sell dollars*afterdollarRises after against U.S. Little Foreign banks'the interest ratessomeas dollarcontinues high * RUPEE Rise as dollar slips it fell weakens benign thebyinflationgains indicated Offsalesweakeninflows were FIIs.datatobu RUPEE Up RUPEE overnight against leading RUPEE Stays weak after strong Downproducer price banks d as overseas on dollar RUPEE banks expecting tendency to portfolioas state-owned enoughd * RUPEE Weakens as dollar data * after dollar RUPEE U.S.overseasnotnot banks' * sales yuan. changed, RUPEE US strongas there might strongState-o * currenciesoverseas as highsalso help. state-owned as ind but demand, good flows from rise overse * said dollar

29-Mar 31-Mar 3-Apr 4-Apr 5-Apr 7-Apr 12-Apr 7.39% 7.47% 7.53% 7.60% 7.47% 7.44% 7.45% 7.20% 7.31% 7.28% 7.26% 7.24% 7.17% 7.17% 8.34% 8.34% 8.36% 8.32% 8.30% 8.24% 8.26% 8.07% 8.07% 8.08% 7.93% 7.79% 7.36% 7.14% 6.56% 6.48% 6.42% 6.40% 6.35% 6.33% 6.16% 6.33% 6.27% 6.05% 6.01% 5.98% 5.95% 5.69% 8.59% 8.57% 8.55% 8.18% 7.45% 7.10% 6.72% 7.47% 7.56% 7.56% 7.56% 7.54% 7.53% 7.56% 5.75-6.00 6.75-7.00 6.00-6.25 6.00-6.10 5.60-5.90 5.50-5.70 5.55-5.65 4745 - 2345 - 4030 8845 21980 29990 49860 44.7 44.65 44.59 44.56 44.68 44.71 44.87 1.200 1.215 1.206 1.215 1.220 1.220 1.216 4.28% 4.28% 4.06% 4.06% 4.06% 4.06% 3.96% 65.95 66.86 67.04 66.48 65.88 67.64 69.01 562.85 587.25 587.25 587.60 584.35 596.05 598.15 4.79% 4.86% 4.90% 4.87% 4.86% 4.90% 4.92% 6.52% 6.52% 6.11% 6.11% 6.11% 6.11% 5.78% 6.75% 6.75% 6.42% 6.42% 6.42% 6.42% 6.42% 11086.03 11307.04 11279.96 11564.36 11638.01 11746.90. 11662.55 3325.00 3418.95 3402.55 3473.30 3483.15 3510.90 3478.45

13-Apr 7.55% 7.17% 8.24% 7.15% 6.18% 5.62% 6.78% 7.60% 5.50-5.60 49690 45.33 1.210 3.96% 68.35 594.00 4.97% 5.78% 6.42% 11355.73 3380.00

17-Apr 7.55% 7.18% 8.24% 7.17% 6.16% 5.53% 6.80% 7.63% 5.50-5.60 57050 45.08 1.218 3.51% 71.42 605.80 5.02% 5.49% 6.06% 11237.23 3345.50

* CALL Almost unchanged as supplyCALL Opens demand * CALLamid*high demand for funds ahead duecomfort.due demand.average * CALL Firm on lowAt 6.50% on fresh little Opens 6% onsettheunchanged bln rupees atliquidity, moderate dealt at weighted * CALL supply, high demand on the last day of total ofSteady amid ampleflatCBLOs dealt auctiondealt around * strengthens. Banks may the as largenew 50-60 reverse repoRBI Rateample liquidity. Banks CBL * CALL above soft Almost current*financial moderate of repo.soft at weighted CBLOs on deploy a CALL Reporting Fortnight. Tuelikely CBLOs to copious liquidi of bids at RBI CALL Opens CALL to gilt CBLO announceme year. * demand, improved liquidity. ma * GILTS Opens lower as GILTS Slip. GILTSrisemoney rate andslightly over 80-bln-rupee giltstay ofon as todayApr. lower in aselling.oil pria * GILTS Opens downfear Firm may *in U.S. yields, crudeShort-term Trade hikeimproving.followinglast day in But crudebandps * dealers followingcall hike interest rates following the announcement thin ample liquidity.subdued nomayclosin * RBI Short-tenure gilts worryoil*prices. Fed's may infirm * the due Quoted 12Longer-enddetails U GILTS Slightly down up GILTS bonds little changed rates. sharp fallglobal widebonds o * GILTS after the Open open Open GILTSon Improved of spot as big sell-o as liquidity seen auctions Longer-onesin led accounts May * GILTS interest auction Tuesday. to rupee lift lower by rise liquidity vs * RUPEE Down as dollar RUPEE Steady as dollar purchasesRUPEE weakness afterand fundSlipsRUPEEthe day.dealers the outflowsthe * RUPEE Rises as banksRUPEE Opens up noting dollar Down asclosingRUPEEopening higher due strengthens 15thgreenb * strengthens trim dollar after U.S. ahead somedollar hikesSlips afterstate-owned banksof todata. buying by som * overseas* positionsOff highs Reserve demand the otherU.S. firmworries asmorefor sell against of RUPEE Federal on * RUPEE target soft greenback basis it dollar on behalf by * by of accounts banks today. Seen by persist. points dollar the conse state-owned buy the rate on 25 after presumably * from banks in Up * manufacturing

18-Apr 19-Apr 20-Apr 21-Apr 24-Apr 7.54% 7.39% 7.34% 7.33% 7.36% 7.18% 7.00% 6.97% 6.96% 6.98% 8.23% 8.19% 8.10% 8.05% 8.07% 7.21% 7.16% 7.08% 7.05% 7.06% 6.18% 6.17% 5.98% 5.73% 5.73% 5.62% 5.52% 5.40% 5.30% 5.30% 6.82% 6.82% 6.60% 6.55% 6.47% 7.61% 7.47% 7.43% 7.41% 7.44% 5.50-5.60 5.60-5.65 5.50-5.55 5.50-60 5.50-5.60 35205 55970 60690 57705 62075 45.13 45.15 45.14 45.14 45.1 1.226 1.234 1.235 1.230 1.235 3.51% 3.51% 3.51% 3.51% 3.24% 72.28 72.75 74.20 75.17 74.70 618.30 623.30 636.05 634.00 629.88 5.00% 4.98% 5.03% 5.01% 5.01% 5.49% 5.49% 5.49% 5.49% 5.41% 6.06% 6.06% 6.06% 6.06% 6.06% 11539.68 11821.57 11895.98 12039.55 12030.3 3425.15 3518.10 3535.85 3573.50 3573.05

25-Apr 7.34% 6.96% 8.07% 7.07% 5.74% 5.31% 6.49% 7.42% 5.50-5.60 67000 44.82 1.237 3.24% 73.21 623.20 4.98% 5.41% 6.06% 11915.24 3548.90

26-Apr 7.36% 6.99% 8.05% 7.06% 5.71% 5.32% 6.50% 7.46% 5.50-5.60 67470 45.11 1.241 3.24% 72.84 631.30 5.06% 5.41% 6.06% 11646.78 3462.65

27-Apr 7.42% 7.01% 8.06% 7.08% 5.73% 5.37% 6.47% 7.50% 5.50-5.60 63525 45.06 1.245 3.24% 71.83 637.05 5.10% 5.41% 5.90% 11938.53 3555.75

28-Apr 7.39% 6.97% 8.07% 7.15% 5.82% 5.47% 6.47% 7.47% 5.50-5.60 64380 45.04 1.252 3.24% 70.73 637.45 5.06% 5.41% 5.90% 11835.02 3508.10

* CALL Opens steady amid high liquidity. ample*steady until*liquidity. RBI *reverseOpens course on*per key-rate level. atcopious CBLOs d * CALL Opens steady due to SeentoCALL Opensreverse repoCALLFurther steady as moderatemay 200-300 supply, thinwe * CALL Opens flat due liquidity. RBICALLdue to ample liquidity. Banks may Banks demand, total bln650-670 a abundant RBI policy release. repoCALL liquidity. parkaround park policy. rupees b flat Opens flat due to*ample Opens CALL Opens unchanged dealt at L subscription may match seen total of 600-630billion Report subscription unchanged cues CBLOs on rupees Tuesday's on ample of supply. * GILTS LittleGILTS Sharply up continuing Tuesday's momentum.touchnoon. onhighs. GILTS of moreto$75/barrel hadendliquiditysaleposi * changed ahead ofPrices open down after Open down Open rise SlightFed lower Open GILTSamid someUS Federalalsohin * GILTS release of RBI'sGILTS oil * GILTSMinutes of in oil prices above meet indicating up. NYMEX chief's foll * annual policy around record fall in Fearstreasuries, riseOpenby treasury rate hike ad prices after GILTS OpenU.S. likely bylower hikes an built up fuelReserv * up U.S. selling owing tradersin U.S. U.S. Fed small Conc * Reserve U.S.rate prices. on stop-loss worrie * oil who Good to yields. cy * RUPEE Off RUPEE Off RUPEE SlightlydemandRUPEEbanks banks.Strongoilas greenback dollar*demandHighdollar G7by call weigh.itD * highs on dollar demand from state-owned demand fromweakenscompanies. up against yen,as aftergreenbackitsabroad * highs on dollar down * from foreign probably * RUPEEweakenon AsianRUPEE fromoil dollar countriesstreng on dollar Up RUPEE Unlikely to Downmost Up as banks Up as pricesweakens call fo * as dollar banks dollar weakens overseas. sell the seen weak abro for as against beyond 45.18/$1 pressured noting from G7 * RUPEE currencies banks also after w

2-May 7.46% 7.04% 8.07% 7.13% 5.91% 5.51% 6.60% 7.54% 5.50-5.60 47805 44.92 1.258 3.55% 73.65 656.30 5.14% 5.41% 5.90% 12042.56 3557.60

3-May 7.50% 7.06% 8.08% 7.19% 6.03% 5.56% 6.60% 7.56% 5.50-5.60 57560 44.86 1.263 3.55% 74.60 676.20 5.11% 5.41% 5.90% 12218.78 3605.05

4-May 5-May 8-May 9-May 10-May 11-May 7.50% 7.52% 7.52% 7.52% 7.50% 7.52% 7.03% 7.03% 7.05% 7.05% 7.03% 7.05% 8.10% 8.15% 8.15% 8.15% 8.17% 8.17% 7.19% 7.20% 7.20% 7.21% 7.21% 7.21% 6.06% 6.10% 6.08% 6.08% 6.13% 6.16% 5.58% 5.67% 5.68% 5.68% 5.62% 5.65% 6.63% 6.63% 6.57% 6.57% 6.60% 6.59% 7.57% 7.58% 7.60% 7.60% 7.57% 7.59% 5.50-5.60 5.55-5.65 5.50-5.60 5.50-5.60 5.50-5.60 5.50-5.60 70720 72000 49545 66860 69375 64075 44.95 44.86 44.86 44.95 44.92 45.015 1.261 1.270 1.273 1.269 1.276 1.273 3.55% 3.54% 3.54% 3.54% 3.54% 3.54% 72.08 70.27 70.39 6.94 70.66 72.43 664.00 676.60 684.10 681.65 702.40 709.60 5.13% 5.15% 5.11% 5.12% 5.14% 5.13% 5.74% 5.74% 5.74% 5.74% 5.74% 5.65% 5.90% 5.90% 5.90% 5.90% 5.90% 6.25% 12310.72 12347.63 12359.7 12462.47 12513.86 12612.38 3634.25 3648.40 3663.95 3693.15 3720.55 3754.25

12-May 7.55% 7.07% 8.17% 7.21% 6.22% 5.60% 6.53% 7.62% 5.50-5.60 61655 45.06 1.285 3.54% 72.80 717.15 5.14% 5.65% 6.25% 12435.41 3701.05

* CALL Opens flat, aroundCALL Opens unchanged on moderateover-abundant supply, thin Opens flat,park 600-650 mayrupeesaverag * 5.50% RBI CALL Steady rate,Opens steady on ample liquidity, Total RBI reverse repoBanks may park 550-6 * reverse repo * CALLample CALL Opens ample demand.moderate demand. Banks bln parkmoderat amidst demand, steadysupply. BanksCALL around unchanged reverse RBI * liquidity, moderate amid over-abundant Opens 5.50% weighted550-600 * CALL demand. CBLOs dealt at RBI on seenrep * may liquidity. subscription at at * GILTS Open down following riseRose slightly after being quoted wide.higher in oil down reacting GILTS Open marginally also lighten bp * GILTS in * GILTS Marginally up asGILTS oilChairman hints fall more rate announcement ofsales maydue to U.S. yields * GILTS Opencrude Open slightly prices comfortto hikes there.Profit state bondauctio after Federal Reserve pricestracking belowU.S. Treasury yields. Seen moving inaucti * slightly Ease ease * GILTS Opensentimentworries over domestic 10-p to at in U.S. $70 a barrel. result of today's cap p * down on but Traders lower oil * RUPEE Up as dollar weak overseas RUPEE strong dollarRises afteragainstfalls reflecting move* in global oil company. dollardollar reco * RUPEE Down on dollarRUPEE economic data overnight.* RUPEE Weakens a Off highs on vs apurchase * despite Up as U.S. weakens dollar euro after the probably for tailingBank hints at slower rise * demand form a large state-owned bank European Central fall in yen a interestU * RUPEE Weakens versus global currencies currencies where RUPEE Friday following as r

15-May 16-May 17-May 18-May 7.58% 7.58% 7.56% 7.61% 7.15% 7.15% 7.13% 7.19% 8.17% 8.20% 8.19% 8.20% 7.22% 7.26% 7.24% 7.24% 6.23% 6.23% 6.26% 6.26% 5.60% 5.60% 5.65% 5.63% 6.55% 6.45% 6.50% 6.49% 7.65% 7.67% 7.65% 7.71% 5.50-5.60 5.50-5.60 5.50-5.60 5.50-5.60 49845 51245 53155 62885 45.17 45.57 45.355 45.53 1.290 1.283 1.287 1.275 3.59% 3.59% 3.59% 3.59% 71.30 68.80 69.57 68.35 717.25 686.30 705.10 682.30 5.20% 5.17% 5.11% 5.15% 5.65% 5.65% 5.65% 5.65% 6.25% 6.25% 6.25% 6.25% 12160.49 11822.2 11873.73 12217.81 3611.70 3502.95 3523.30 3635.10

19-May 7.60% 7.19% 8.22% 7.26% 6.31% 5.61% 6.50% 7.70% 5.50-5.60 64315 45.405 1.283 3.59% 69.80 684.80 5.06% 5.65% 6.25% 11391.43 3388.90

22-May 7.60% 7.18% 8.21% 7.24% 6.32% 5.64% 6.51% 7.69% 5.50-5.60 61815 45.7 1.273 3.96% 69.01 653.00 5.05% 5.65% 6.25% 10938.61 3246.90

23-May 7.61% 7.19% 8.23% 7.27% 6.34% 5.68% 6.51% 7.71% 5.50-5.60 65370 45.56 1.286 3.96% 70.32 657.60 5.03% 5.65% 6.25% 10481.77 3081.35

24-May 7.61% 7.20% 8.23% 7.29% 6.38% 5.72% 6.49% 7.71% 5.50-5.60 67390 45.72 1.280 3.96% 71.20 669.00 5.04% 5.65% 6.25% 10822.78 3199.35

25-May 7.62% 7.21% 8.23% 7.29% 6.39% 5.72% 6.49% 7.71% 5.50-5.60 65000 45.91 1.275 3.96% 70.01 644.80 5.04% 5.70% 6.43% 10573.15 3115.55

CALL Opens unchanged onunchanged demand,*amplemoderateBanks may park Opens CALLliquidity. unchanged unchanged onatdeman * CALL Opens moderate unchanged unchangedample Opens unchanged unchanged CALLliquidity. onatdemand. 600-650 * CALL Opens on moderate demand, CALL liquidity. moderate on ample * on ample liquidity,RBI reverseRBIde * CALL Opens on liquidity.on moderate demand,may Banks rupees blnRBI reversemoderatemodera CALL Opens unchangedample liquidity. park 500-550 atOpens Banksrupees demand * demand, CALL 500-550 billion may Banksrupees blnaroundpark 600* on Banks * demand, ample moderatemoderate Banks m ample Opens park 525-550 liquidity, may park repo. CBLOs r may repo GILTS Down as dealers *fear further*rate hikescrude oil prices,fall on lower-than-expected as announcementmay fuel crude hikeyield bass * GILTS Open up onOpen up onOpenthe U.S. FedGILTS Open upin U.S. yields, profit*more rate of uniformupcoming auctioT GILTS fall in globalafter U.S. yields U.S.yields.*Bigrise in rise to fearsDown on of Downcap rise inoiloil also wei GILTS byGILTS Open up tracking riserise Open GILTSfall inProfitrise in global U.S Fed. prices. o * down after US yields' GILTS unlikely inflation. bookinglocalbefore crudeUndertone * following the givefall in up ontreasury yields, hikesyields, global RBI Mo fall on U.S. U.S. Worries treasuryon price global crude * yields. of GILTS globalby pricedprices. U.S. sales gains. crude RUPEE Slips as dollarSlips versusRises as currencies versusstrengthens *overseas Down amidsthigher asMay weakenforeignupthatmorea * RUPEE rise as fall in*Asian dollar RUPEE Rises as dollar weakens in dollar to of markets on profit banks.views rise rate t * RUPEE Asian currenciesas dollarbuying by lower-than-expected demand RUPEE Down asinfurtherbanks. Gre RUPEE Slips prompt *theafter some foreignonoverseas Down interest rates arbitrage. abroadst * slips overseas dollarDown amidstbanks U.S. inflation number taking. Greenback'sFe RUPEE keeps offshorehopes avail*onshore-offshore to the afterlocal sto RUPEE * arbitrage dollar demand from dollarU.S. after th RUPEE higher. foreignup abroad if U.S. from dollar led May

26-May 29-May 30-May 7.61% 7.61% 7.65% 7.20% 7.19% 7.23% 8.23% 8.25% 8.23% 7.29% 7.30% 7.29% 6.38% 6.36% 6.36% 5.67% 5.67% 5.68% 6.53% 6.50% 6.49% 7.71% 7.70% 7.76% 5.50-5.60 5.50-5.60 5.50-5.60 61835 57245 59930 45.817 45.96 46.18 1.276 1.274 1.280 3.96% 4.32% 4.32% 71.44 71.29 71.71 652.70 651.30 651.25 5.06% 5.05% 5.05% 5.70% 5.70% 5.70% 6.43% 6.43% 6.43% 10666.32 10809.35 10853.14 3177.70 3209.60 3214.90

31-May 7.67% 7.25% 8.26% 7.30% 6.37% 5.69% 6.46% 7.78% 5.50-5.60 66095 46.53 1.287 4.32% 71.83 654.10 5.06% 5.70% 6.43% 10786.63 3185.30

1-Jun 7.67% 7.27% 8.28% 7.30% 6.40% 5.69% 6.49% 7.79% 5.50-5.60 62030 46.26 1.276 4.32% 71.04 632.10 5.13% 5.74% 6.43% 10398.61 3071.05

2-Jun 5-Jun 6-Jun 7-Jun 7.68% 7.64% 7.67% 7.66% 7.32% 7.28% 7.35% 7.33% 8.28% 8.30% 8.33% 8.33% 7.30% 7.34% 7.40% 7.44% 6.40% 6.39% 6.42% 6.42% 5.68% 5.70% 5.72% 5.71% 6.51% 6.55% 6.60% 6.59% 7.79% 7.79% 7.80% 7.82% 5.50-5.60 5.50-5.60 5.50-5.60 5.50-5.60 67110 66170 70645 72300 46.11 45.78 45.97 45.92 1.282 1.294 1.289 1.283 4.32% 4.74% 4.74% 4.74% 70.67 73.08 72.17 72.14 621.90 642.15 635.45 623.45 5.10% 5.00% 5.02% 5.01% 5.74% 5.74% 5.74% 5.74% 6.43% 6.43% 6.43% 6.43% 10071.42 10451.33 10213.48 9957.32 2962.25 3091.35 3016.65 2937.30

* CALL Opens unchanged steady on CALL Opens CALLmoderate moderateunchanged ondemand,rupees Opens liquidity.RBI amid mod * CALL Opens on Reporting Fri becauseample liquidity moderate demand. CALLliquidity. Total RBI reverse demand,may pa * CALL Ends unchanged *on of Opens unchanged ample liquidity. Unchanged on RBI unchanged reverse re * moderate demand, ample liquidity. Banksmoderate low demand, plentiful reverse BanksCBLOs unchanged on demand, on may park 600 park ample liquidity. Totalrepo subscripti CALL Opens demand, * Banks bln* CALL atrupees at RBIrepo. ample ample 600 bln moderate reverse repo * GILTS Open down Open down Endyields, global* crude oil prices. WPI inflationpricestohike,oil Openhike,trigger rupeepetrolhiking interep * GILTS on*rise in U.S.*worriesas weak rupee, hike down asoil prices.U.S. *yields weakrisedownFedhike band over rising infla GILTS on GILTS over likely hike worriesdomestic oiloil over likelyeyed.onrupeelower levels. Overall activity to down Open GILTSas inGILTSover likely asdata weigh fall likely atininflationary pausetraders lighte down Open in Open up domestic worries price GILTS priceGILTS10 paise in trigger worries ov Smallbe give Seen weakmay fears. Undertone re buying * hopes Openworries in rest of trade to as down as and diesel * RUPEE Up RUPEE Open weak Ends at dollar buying on some banks.to dollarimpact*companies *Lower-than-expecteddollar grossofTo * on hopes local stockon RUPEE Opens sharplystrongsharply down demand fromdemandabroad dueas trade thin sales onfo * RUPEE market 24-weekRUPEE persistent demandup dueglobaldollar movesasexpectationsPremiums fundlow * light will rise following down due No big afterto of stocks. and from Off lows the greenback dom * low by Opens performance by oil dollar weakens on banks buy aexpectations by r RUPEE Opens from dollar banks foreign funds. on foreign end ou RUPEE Down overseas to of U.S. there. RUPEE banks on lower-than-expec

8-Jun 9-Jun 12-Jun 13-Jun 14-Jun 15-Jun 16-Jun 19-Jun 7.68% 7.82% 7.81% 7.82% 7.80% 7.81% 7.79% 7.90% 7.35% 7.48% 7.45% 7.45% 7.43% 7.44% 7.43% 7.54% 8.33% 8.33% 8.52% 8.52% 8.52% 8.51% 8.51% 8.48% 7.44% 7.45% 7.58% 7.59% 7.59% 7.59% 7.59% 7.59% 6.43% 6.46% 6.67% 6.68% 6.73% 6.72% 6.73% 6.72% 5.70% 5.72% 5.93% 6.02% 6.12% 6.11% 6.16% 6.17% 6.59% 6.60% 6.78% 6.74% 6.74% 6.71% 6.72% 6.78% 7.81% 8.00% 7.96% 7.94% 7.93% 7.93% 7.91% 8.00% 5.55-5.65 5.75-5.85 5.75-5.85 5.75-5.85 5.75 - 5.85 5.80-5.90 5.75-5.85 5.80-5.90 66545 58015 47520 49235 48270 50675 47485 40565 46.05 45.96 45.89 45.97 46.01 45.91 45.92 45.88 1.278 1.264 1.262 1.257 1.255 1.260 1.264 1.258 4.74% 4.74% 4.68% 4.68% 4.68% 4.68% 4.68% 4.72% 70.54 70.22 71.62 70.01 68.15 69.50 70.10 69.78 627.15 607.75 605.95 600.15 550.85 563.80 582.45 571.95 5.01% 4.99% 4.97% 4.98% 4.97% 5.06% 5.10% 5.13% 5.74% 5.74% 5.74% 5.74% 5.74% 6.19% 6.19% 6.19% 6.48% 6.48% 6.48% 6.48% 6.48% 6.48% 6.48% 6.48% 9756.76 9295.81 9810.46 9476.15 9062.65 8929.44 9545.06 9884.51 2860.45 2724.35 2866.30 2776.85 2663.60 2632.80 2798.80 2890.35

20-Jun 7.91% 7.54% 8.59% 7.60% 6.84% 6.28% 6.78% 8.00% 5.75 38820 45.93 1.257 4.72% 68.90 561.85 5.13% 6.19% 6.48% 9997.84 2916.90

* CALL Opens unchanged on modest demand, repo rate hikes.flat liquidity. flatdemand. Banksrupees aton ample 500 repo.500-550dema * CALL Up post-RBI reverse repo, ampleamid ample amid moderate demand,Opens flat Opensreverse repo on maydealt *CALL Steady at 5.75-5.85% liquidity. Banks may CBLOs dealt around* 5.12%.RBIBanks maylow,CBLOs blnCd *CALL Opens CALL Opens strengthened OpensCALL ample parkRBI's slightly Banks Banks m * slightly up*on Banks may park 650-700 on rupees at ample supply. parkauctions. br CALL Opens park 580-600 bln may supply. reverse parkrupees at RBI *CALL amid*moderate demand, Banks may demand. modest flat bln CALL around liquidity, modest park liquidity, modest bln 450-480 * GILTS Opened lower as60-80 paise and 10-yearflat as rises GILTS hikespositionsLikely toofpersistbecausedata as changedTuetraders * GILTS Fall GILTS Open down on *fears rates continues worries mood.aheadkeyweak producer priceinterestahead hikespri * bearish outlook on interest of traders rate Open by over Thu following*thein 10-15 of littlebandsurpriseofand by *GILTS Open GILTS furtherflat as to hurt RBI. rate hikeremain inflation paiseindex due as and co yield Open avoid big down tracking * 13 basis points over *opened Prices slip following RBI's hike fearsdata. *GILTS Gilts GILTS U.S. following robustrate banks increas U.S. unexpected GILTS Open selling by rates U.S. inflation upco spa * RUPEE Down as banks RUPEE Little all gains * with banks * RUPEE Openssales by RUPEEbanks Likelyopeningabroadduehopes Asian * RUPEE Gives up almost changedon dollar demand fromfunds upoffshore arbitrageRUPEE Littlerisecues fromsalesU.S. U * buy dollars on fears of outflows Off lows on dollar after stocks greenback's strengthduelower vsLarge follow *RUPEE SlipsRUPEE from foreign *RUPEE as dollar weak * Asian tradeup opening ofstockdollar as mild dollar dollars tomet byUp * foreign Wed. stockstoawait gains onAsian curre buy demand availnoting the fall Down after wil changed tracking mov banks weekend supplies. as dollartake tailing gains dollar st on hopes local Banks dollar to profit to by of fo in following overseas. equities b

21-Jun 7.92% 7.54% 8.50% 7.60% 7.05% 6.30% 6.81% 8.01% 5.70-5.80 42195 45.91 1.262 4.72% 579.13 579.13 5.14% 6.19% 6.48% 9822.52 2861.30

22-Jun 7.93% 7.54% 8.50% 7.61% 7.07% 6.31% 6.82% 8.05% 5.75-5.85 42650 45.97 1.267 4.72.% 70.53 593.45 5.15% 6.31% 7.05% 10040.14 2923.45

23-Jun 8.10% 7.68% 8.50% 7.62% 7.00% 6.29% 6.85% 8.15% 5.75-5.85 42255 46.197 1.257 4.72% 70.68 283.55 5.21% 6.31% 7.05% 10257.88 2994.75

26-Jun 8.11% 7.69% 8.50% 7.72% 7.10% 6.36% 6.86% 8.20% 5.75-5.85 30310 46.31 1.251 5.24% 70.74 584.20 5.22% 6.31% 7.05% 10401.3 3050.30

27-Jun 28-Jun 29-Jun 30-Jun 3-Jul 8.15% 8.11% 8.14% 8.10% 8.15% 7.70% 7.66% 7.68% 7.65% 7.68% 8.60% 8.60% 8.60% 8.60% 8.60% 7.72% 7.73% 7.73% 7.73% 7.73% 7.04% 7.06% 7.04% 7.04% 7.01% 6.34% 6.34% 6.38% 6.36% 6.35% 6.86% 6.85% 6.85% 6.94% 6.91% 8.26% 8.20% 8.25% 8.21% 8.26% 5.80-5.90 5.75-5.85 5.80-5.90 5.80-5.90 5.75-5.85 39820 39360 42390 44295 42565 46.34 46.38 46.35 46.08 45.94 1.260 1.257 1.254 1.271 1.278 5.24% 5.24% 5.24% 5.24% 5.44% 72.05 72.16 72.44 73.68 73.85 591.45 582.80 581.15 600.63 618.65 5.22% 5.20% 5.24% 5.17% 5.14% 6.31% 6.31% 6.36% 6.36% 6.36% 7.05% 7.05% 7.05% 7.05% 7.05% 10042.06 10151.01 10129.7 10162.16 10609.25 2943.20 2982.45 2981.10 2997.90 3128.20

* CALL Opens steady, as demanddemand modest,demandample. RBI reverse repoRBICALLsupply reverseRBI's billionRBI's ample. RB * CALL Opens CALL Opens steady, as CALLample. RBI supplyCALLsupply seen is modest, supply ample. demandaround * flat, as is *modestUnchanged, as modest, reverseflat, as demandmay repo400 billion flat, as rupees.auctions CALL and supply Opens flat, Opens ample.bids ample. RBI ample. repo auction seen modes * supply demand is modest, Opensreverse demand as demandliquidity reverse re * CALL as demand is modest, around flat, moderate, moderate, CBLOs * repo tender as *CALL Opens rupees. CBLOs dealt a * flat, Opens auction may garner repo liquidit garner 400-420 reverse 300-320 billio * GILTS Gives up early gains dueOpen down LowerGILTS Weaken of Slightly RBIreflecting overnight lower move in U.S.cutoffs in toaseei * GILTS PricesGILTS to *wide 8-paise*the 10-yearstrengthen that8.10% following interest movement slightlybandbandThurs * quoted in overall weak sentiment ahead slightly GILTS overnight 90Openin rupee15-20 basispaisedue July to GILTS with band amid* cautious90-bln-rupee auctions. the *GILTSto and25 due Cutoff yields fall as views GILTS undertone might hike Expected than expected 15-20 with wor yield rising *to up ahead lower and in rates peers paise pointspaise But tailing Open of moves wide by in wideto treasuries. ban * GILTS billion U.S. auctions. continued bia higher Quoted 10 up at * RUPEE Rupee remains* range bound in 45.89-45.91 perupUpRUPEEonweaknessAsian stockslikely to weaken stable. dollarcut somehi * RUPEE Slightly up asOpens weak against Asian* currencies. * noting onUp RUPEEas rupee reaminthat local importerratedo RUPEE dollar weak as dollarbanks buydollarStrong yen abroad demandslightlyrates. laterUS interestBankso * RUPEE Weak as dollar levels.Weakens its strength abroad on viewsoncut companies. dema * RUPEE overseas on dollarsexpectations that helpsmay hikebanks, oil some overnight m Positive dollar but Up from banks weak Local stock mar RUPEE * slightly help ahead of likely as stock market Fed *RUPEE Up foreign banks sentiment foreign as

4-Jul 5-Jul 6-Jul 7-Jul 8.14% 8.15% 8.19% 8.23% 7.70% 7.71% 7.72% 7.74% 8.60% 8.60% 8.61% 8.61% 7.71% 7.71% 7.72% 7.65% 7.03% 7.03% 7.01% 7.00% 6.37% 6.37% 6.38% 6.36% 6.96% 6.96% 6.95% 6.93% 8.25% 8.23% 8.24% 8.28% 5.75 - 5.85 5.70-5.80 5.80-5.90 5.75-5.85 54615 60370 64710 70935 46.01 46.05 46.13 46.11 1.280 1.279 1.273 1.277 5.44% 5.44% 5.44% 5.44% 73.85 73.53 74.89 74.73 620.85 626.55 626.75 629.30 5.14% 5.15% 5.22% 5.18% 6.36% 6.36% 6.40% 6.40% 7.05% 7.05% 7.05% 7.05% 10716.11 10662.22 10919.64 10767.97 3152.15 3138.65 3197.10 3156.40

10-Jul 8.25% 7.75% 8.61% 7.62% 6.99% 6.29% 6.90% 8.27% 5.75-5.85 58275 46.02 1.279 4.84% 73.73 631.25 5.14% 6.40% 7.05% 10509.53 3075.85

11-Jul 12-Jul 13-Jul 8.31% 8.36% 8.35% 7.82% 7.86% 7.87% 8.61% 8.64% 8.67% 7.63% 7.63% 7.67% 6.95% 6.95% 6.95% 6.29% 6.28% 6.31% 6.88% 6.86% 6.86% 8.41% 8.39% 8.49% 5.75-5.85 5.80-5.90 5.80-5.90 52885 54305 43110 46.1875 56.19 46.27 1.274 1.276 1.271 4.84% 4.84% 4.84% 73.43 74.10 75.30 628.15 640.40 645.25 5.13% 5.10% 5.11% 6.40% 6.40% 6.40% 7.05% 7.05% 7.05% 10684.3 10614.35 10930.09 3142.00 3116.15 3195.90

14-Jul 8.37% 7.89% 8.65% 7.65% 6.97% 6.33% 6.88% 8.51% 5.80-5.90 45410 46.405 1.269 4.84% 78.19 662.55 5.07% 6.40% 7.05% 10858.5 3169.30

*CALL Opens flat, as demand modest, unchangedflat,RBI's*reverseOpens CALL ample liquidity.ample. modest, supplyblnreversedemandreversebln * CALL Opens supply ample. modest demanddemandget demandRBI's Banks RBI's park 600reporupees repo supplyrepo m * CALL Opens as as demand modest,flat, as 400-450 modest, flat,maydemandto get 625-650 get average rate * CALL Opens flat, as offset by Unchanged,Opens supplyCBLOs dealt at aflat, to billion modest, su CALL repo*may modest, supply reverse as ample. RBI's likely at RBI rupees. re supply ample. billion rupees. *reversedemandweighted may get arou * CALL demand Opens flat, Opens modest, 650-700 rep * CALL repo likely modest, supply reverseRBI's CALL ample. RBI's ample. ample *GILTS Quoted slightly up due toQuoted wide as GILTS tailing downpeers,GILTS are*traders avoidGILTSannouncement.RBIonover a possiblepull se * GILTS fall GILTS OpentradersOpen U.S. Opensrisebefore due andDownbig flatOpen areFed, of outlook continueacrude att * in U.S. treasury yields. May fall on inflationary concerns, asauction that* traders raterising.record lead to rise up * down avoid big investment in Bond prices likely hawkish interest anxious auctions. Mildcut at pr * GILTS as auctions crude oil prices. Fears rates up onDown buying by high with haw * flat while upcoming *interest as U.S. seen Heavy rains RBI low gi GILTS opened positions ahead the primary dealersrateau following devolvement as GILTS likely may despite in h *RUPEE Up on weak dollar sentiment abroad on RUPEEoverseasup as might stop.weak overseasNorth lower-than-expectedas banksdemand initiald * RUPEE Down as dollar views U.S. rate hikes dollar soft Overnight after* European from pulls band. Locallikely to to be lowe * RUPEE Down as oil prices hitagainst RUPEE overseas beRecovers as also banks expecting abroad afterto con * strong Slightly a record dollar Down on dollarthe a Korea RUPEE rupee down.eurozone rate fur * RUPEE Up * Asian currencies as high. Likely to * RUPEE in RUPEE Down after test.hints at oil after the watc on 45.92-46.02/$1 dollar rises stocks remainhik demand some banks sell US non-farm greenbac strength Central Bank Trade May weaken th * missile Slips dollars buy payrolls

17-Jul 18-Jul 19-Jul 20-Jul 8.35% 8.37% 8.36% 8.31% 7.88% 7.90% 7.87% 7.85% 8.65% 8.68% 8.68% 8.68% 7.65% 7.68% 7.69% 7.71% 6.99% 6.99% 7.00% 7.00% 6.35% 6.37% 6.38% 6.38% 6.82% 6.81% 6.85% 6.81% 8.48% 8.46% 8.43% 8.43% 5.75-5.85 5.75-5.85 5.75-85 5.75-5.85 39685 42160 45075 43440 46.44 46.78 46.85 46.8 1.262 1.252 1.249 1.261 4.96% 4.96% 4.96% 4.96% 77.70 75.45 74.00 75.24 673.55 650.55 627.25 642.88 5.07% 5.07% 5.13% 5.06% 6.40% 6.40% 6.40% 6.44% 7.05% 7.05% 7.05% 7.02% 10678.22 10292.33 10226.78 10007.34 3123.55 3007.55 2993.65 2932.75

21-Jul 8.28% 7.80% 8.65% 7.69% 6.99% 6.36% 6.81% 8.39% 5.80-5.90 47215 46.82 1.264 4.96% 74.10 621.63 5.03% 6.44% 7.02% 10352.94 3023.05

24-Jul 25-Jul 26-Jul 27-Jul 8.20% 8.20% 8.25% 8.24% 7.74% 7.73% 7.82% 7.81% 8.63% 8.61% 8.66% 8.68% 7.65% 7.62% 7.67% 7.67% 6.91% 6.83% 6.83% 6.94% 6.36% 6.34% 6.36% 6.39% 6.81% 6.80% 6.80% 6.84% 8.35% 8.32% 8.38% 8.36% 5.75-5.85 5.75-5.85 6.00-6.10 6.00-6.10 46070 37025 43325 45075 46.85 46.85 46.86 46.73 1.266 1.263 1.258 1.272 4.68% 4.68% 4.68% 4.68% 74.22 75.25 73.75 73.96 616.60 618.45 616.38 629.05 5.06% 5.05% 5.06% 5.03% 6.44% 6.44% 6.44% 6.44% 7.02% 7.02% 7.02% 7.02% 10085.91 10215.37 10415.61 10617.27 2945.00 2985.85 3040.50 3110.15

* CALL Opens flat, demand modest, CALL demand RBI ample. CALL Opensrepo demand repo auctionsrupees.RBI'sweightedrepo tendr * CALL Opens flat, demand modest, CALL demand RBI ample.get 400-450get high, supply ample.amid modest,supply. RBI' * CALL Opens flat, Opens flat, Opens*flat, demand CALL Opens flatample.modestreverse around 450 at 450amp * supply ample. modest, supply reverseRBI's reverse 400-450CALLmay get at copious liquidity.at 4 * supply reversemodest, supply ample. CALLamid* RBI's Flat CBLOstenderbln rupee repo may modest, supply rupees. bln Demandseen dealt average * flat, may RBI's Opens soft. demand, ample supply bln * bln reverse repo tender repo around weighte CBLOs dealt reverse seen RB * GILTS Opens marginally lowerOpen up asUp *on global interest on hopes GILTSuptreasuries Marginally bemarketpostponed postponep * GILTS Opens marginally lower fall negative crude GILTS outlook. U.S. asGILTS closing higher Fri almost hike Seen Worr * GILTS on*negativeon in USrate outlook.hint Marginally hikingThursday'sGILTSdomestic Seenflat. postponem GILTS interest Fed chief'srate to end rate Littleover auction auction Hopes ofopeningRBI's in tra GILTS Open *up prices ease worries changed onmay downfall. ratecut.fall.flat.in10-1 oil U.S. treasuries closing higher *inflation. size, preventson or in rate * 50-billion-rupee risingFri mixedOpenafter auction Seen10* cycle. Hopes of prevents tenor trading cancel either views Seen 5 * RUPEE Down as dollar RUPEE Down as dollar RUPEE Slightlyabroadon*oil asofdemanddollar chiefhikes afterpauseRBI monetaryovern * RUPEE Down as dollar RUPEE Up as dollarbuying as crude dollarcrude*oil pricesbanks asgainsafollowingtradefallsin thehik * up overseas due to safe due abroad*on down Slightly down Reserve rateas markets await dollaroflevelsdata. * up overseas haven safe haven buying prices Little changedfollowingto expectations in 46.75-46 * rises to weakRUPEE after Federal as from up*overseas. Likely toincontinued tensio expectations U.S. interest Slipshints atRisesstrong117 importerM RUPEE extend gains RUPEE continued tensions rate d RUPEE extend dlr/yena as interest abroad due breaks U.S. PPI polic

28-Jul 8.23% 7.83% 8.64% 7.68% 6.94% 6.39% 6.84% 8.33% 6.00-6.10 44835 46.58 1.269 4.68% 74.70 632.00 5.04% 6.44% 7.02% 10741.59 3156.15

2-Aug 3-Aug 4-Aug 8-Aug 9-Aug 10-Aug 11-Aug 8.29% 8.29% 8.28% 8.26% 8.13% 8.13% 8.10% 7.93% 7.93% 7.90% 7.90% 7.80% 7.76% 7.70% 8.66% 8.69% 8.69% 8.66% 8.66% 8.61% 8.61% 7.68% 7.87% 7.87% 7.88% 7.87% 7.85% 7.86% 6.95% 6.97% 6.94% 6.92% 6.94% 6.93% 6.93% 6.38% 6.36% 6.36% 6.34% 6.35% 6.33% 6.33% 6.84% 6.78% 6.75% 6.75% 6.70% 6.69% 6.68% 8.34% 8.36% 8.33% 8.31% 8.30% 8.23% 8.20% 6.00-6.10 6.05-6.15 6.00-6.10 6.00-6.10 6.00-6.10 6.00-6.10 6.00-6.10 44155 49690 48805 46830 44950 41080 39105 46.55 46.76 46.55 46.58 46.54 46.4 46.44 1.282 1.275 1.279 1.282 1.279 1.287 1.277 4.52% 4.52% 4.52% 4.67% 4.67% 4.67% 4.67% 75.40 75.75 75.26 76.73 76.33 76.28 74.35 648.80 650.00 645.25 646.80 638.25 649.35 641.85 4.98% 4.95% 4.96% 4.92% 4.93% 4.93% 4.93% 6.44% 6.44% 6.44% 6.44% 6.44% 6.36% 6.36% 7.02% 6.99% 6.99% 6.99% 6.99% 6.99% 6.99% 10752 10876.19 10923.16 10812.64 11014.97 11145.18 11149.17 3147.80 3182.10 3190.00 3151.10 3212.40 3254.60 3260.17

14-Aug 8.14% 7.75% 8.64% 7.88% 6.91% 6.32% 6.68% 8.24% 6.05-6.15 30990 46.55 1.275 4.61% 73.65 630.15 4.99% 6.99% 6.99% 11257.66 3294.35

* CALL Flat amid ample liquidity.Opens flat amid*modest demand copious liquidity, modest reversesteadymodestRBI'saverage ratesee * CALL Opens flat amid*ample liquidity. RBI's as CALL Flat *amid bids seen around modest demand.reverse repo Demand * CALL RBI reverse repo tenders total reverse repo supply. CALL Opens repo bids ample450-500RBI'satdem CALL Opens steady may get around 450 Flat *amid ample liquidity, attotalsteady asbids seen wei CALL Flat *amid and ample copious liquidity, * CALL Opens demand. seen rupees ample supply offsets rupees. demand.dealt on seen CBLOsmodesttotal CALL bln RBI's CBLOs billion rupees. repo 450 RBI's reverse liquidity.bln weighted total reverseof bids 450 re * GILTS Open GILTS Open little changed in calm trade aheadGILTStrade GILTS Federal touchahead of triggersafterin on prices.eyed.fro * little changed amidOpen little changed in low * up.auctions as players cautious seeleaves'when-issued' ofprofit gainswe * GILTS low GILTS Openmost banks of strike.*global oil on lackReserveGILTS90-bln-rupee auctions sales af * volumes asGILTS Open on Trade as U.S. 2010GILTSto a three-week high ratessegment Positiv * marginally down Up 7.55%, Little Trade significant sales lower oil 90-bln-rupee volume as cautious prices of subdued in Open fall extending next Tue next week. changed on profit selling.ahead unchangedconc * likely Open up on sharp Inflation to be too. * small interest fuelling inflation * RUPEE LittleRUPEE Up RUPEEsales by foreignonchanged in quiet meet expected*demand forLikelyjobspostionsstrength dollarsthe 46 * changed on dollar Weakens as banks buyDown due to future U.S. Up RUPEE from importers. Dollar banks overseas. H * as dollar weak abroad* RUPEE Investors will awaitas dollar as data Down hopesDownRupee remain in per $ * RUPEE Little uncertainties overDown dollar GDPmoves. cut dollartrade Likely strengthweakness banks. dollars to trade as U.S. demand fromU.S.as banks accumulate buy dollars * RUPEE mild market up banks *further noting inFederal Reserve may * RUPEE rate abroad on tocues. itsas to likely to remain await key banks data. the 46.48-46.55 notin RUPEE U.S. noting its overseas

16-Aug 8.12% 7.72% 8.66% 7.88% 6.92% 6.33% 6.72% 8.23% 6.05-6.10 26070 46.55 1.278 4.61% 72.96 626.70 4.93% 6.36% 6.99% 11312.99 3313.10

17-Aug 18-Aug 8.04% 8.03% 7.62% 7.64% 8.64% 8.61% 7.88% 7.88% 6.96% 6.87% 6.37% 6.35% 6.71% 6.75% 8.16% 8.14% 6.00-6.05 6.00-6.05 31780 34345 46.5 46.465 1.285 1.283 4.61% 4.61% 71.36 70.55 629.63 614.00 4.86% 4.86% 6.40% 6.40% 6.96% 6.96% 11475.65 11480.29 3360.35 3358.60

21-Aug 8.01% 7.64% 8.59% 7.88% 6.86% 6.36% 6.78% 8.11% 6.00-6.05 29990 46.44 1.287 4.82% 71.49 618.50 4.83% 6.40% 6.96% 11465.72 3356.75

22-Aug 23-Aug 8.03% 8.02% 7.67% 7.65% 8.66% 8.64% 7.92% 7.94% 6.90% 6.89% 6.39% 6.40% 6.80% 6.90% 8.09% 8.08% 6.05-6.15 6.05-6.15 24520 28695 46.51 46.55 1.287 1.279 4.82% 4.82% 73.25 72.89 628.30 622.55 4.82% 4.81% 6.40% 6.40% 6.96% 6.96% 11511.67 11502.62 3366.00 3364.60

24-Aug 7.96% 7.61% 8.61% 7.97% 6.89% 6.40% 6.95% 8.00% 6.05-6.15 31115 46.55 1.276 4.82% 71.84 622.05 4.81% 6.40% 6.96% 11406.65 3335.80

25-Aug 28-Aug 7.89% 7.95% 7.55% 7.61% 8.59% 8.59% 7.96% 7.98% 6.89% 6.88% 6.38% 6.40% 6.97% 6.95% 7.93% 7.99% 6.00-6.10 6.00-6.10 30495 23985 46.54 46.54 1.277 1.279 4.82% 4.92% 72.88 71.78 621.63 622.55 4.79% 4.79% 6.40% 6.40% 6.96% 6.96% 11531.95 11572.2 3370.40 3385.95

* CALL OpensCALL Opens downEases supplies demand as mostflat amid*supplyamid reflected Openshigh. Opens steady demand,at 31 * slightly up*on views that on tepid couldsentimentslightly higherflat Opensof gilt auction payment.mayreverseseen loansli CALL because ofOpens CALL Opensonat weighted ahead of CALL in rise in RBI'sreverse andasrepo betwe * CALL positive fall. CBLOsbanks coverdemandlow demand,Day. totaldemandlikely total of bids * flat despite CALL Opens liquidity * Reportingmoderate amid gooda comfortable * improved averagefor 6.03%. RBI's RBIreverserepotoWed 200-2 CALL concerns, demandCALL flat amid * assteady covered via 2-day arou banks total get RBI repo liquidity ris draw amp * GILTS OpenGILTS Up U.S. peers. Fall in oilSteadyhintsmay * GILT downwards Open * GILTS atAuctions Opensexpected seen10-yearM * up tailing as tame U.S. GILTSupdataGILTSthat to ahead oftailing U.S.unchanged Openafterasthantoup sales U.S. home s * GILTS Marginally prices also boostsdrift Little80-bln-rupee auctions.on *weakerinweak term US treasuries. * inflation in * but trade sentiment. rates tailing overnight GILT hopes thattailing US cappin choppy Marginally up *changed selling pressure close auctionsbe Federal Reserve Fed may leave GILT on Treasuries Sepup likely US well-subscribed. higher after strong long Fri. meet. Profits new-home sales * RUPEE Up*as dollar Up* as abroad sell dollars Up * RUPEE Down as thetheafteropening strong dollardataweak afterthe despitebanksmo RUPEE weak banksDown tailingnoting weakness againstafter dollar, soft * RUPEE Slightlydue andLocal stockas at lowerF RUPEE after lower-than-expected*strength Slipsdataa after trades Philadelphia to abroad 46.50-46.60 des * RUPEE yen's its yen's U.S. abroad RUPEE Down after due torecovers profitdollar recovers pe tailing weakness inflation lower-than-expected U.S.theWed. a gains against the eu RUPEE greenback recovers overseasdata manufacturing report Thu. * in Tuesday. Rupee * RUPEE Slightly down rate hike bu U.S. inflation likely todollar's Chinese market U. trade in booking weak l

29-Aug 30-Aug 31-Aug 1-Sep 7.96% 7.92% 7.88% 7.89% 7.64% 7.61% 7.56% 7.58% 8.59% 8.60% 8.59% 8.56% 7.98% 7.97% 7.97% 7.97% 6.91% 6.88% 6.90% 6.86% 6.41% 6.40% 6.40% 6.39% 6.97% 6.95% 6.95% 6.95% 8.01% 7.98% 7.92% 7.94% 6.00-6.10 6.00-6.10 6.00-6.10 6.00-6.10 39205 40750 46675 46770 46.48 46.5 46.55 46.54 1.283 1.284 1.282 1.280 4.92% 4.92% 4.92% 4.92% 70.68 69.90 70.40 70.38 617.65 615.25 621.05 627.08 4.80% 4.78% 4.76% 4.73% 6.40% 6.40% 6.44% 6.44% 6.96% 6.96% 6.92% 6.93% 11717.4 11706.85 11723.92 11699.05 3427.90 3425.70 3435.60 3413.90

4-Sep 7.83% 7.54% 8.59% 7.98% 6.85% 6.40% 6.95% 7.87% 6.00-6.10 41165 46.45 1.286 4.91% 69.17 627.38 4.73% 6.44% 6.93% 11778.02 3435.45

5-Sep 6-Sep 7-Sep 8-Sep 7.75% 7.78% 7.79% 7.77% 7.49% 7.49% 7.51% 7.51% 8.55% 8.55% 8.55% 8.59% 7.96% 7.96% 7.96% 7.98% 6.87% 6.87% 6.86% 6.85% 6.42% 6.40% 6.42% 6.41% 6.95% 6.95% 6.95% 6.96% 7.80% 7.82% 7.84% 7.82% 6.05-6.15 6.00-6.10 6.00-6.10 6.00-6.10 40675 40675 40675 43500 46.21 46.26 46.07 46.17 1.284 1.281 1.282 1.272 4.91% 4.91% 4.91% 4.91% 68.46 68.40 67.49 66.80 628.38 640.30 634.00 618.35 4.73% 4.78% 4.80% 4.80% 6.44% 6.44% 6.44% 6.44.% 6.93% 6.93% 6.93% 6.93% 11914.21 11899.04 11972.79 11853.85 3476.85 3472.75 3484.90 3454.55

* CALL Opens steady amid steady * CALLas banks moderateahead Flat *asReporting liquidity.reversemoderatedemand. 450-475 bln 425 * CALL Opened thin demand Opens flat amid thin demand as ample supply offsets slight amid moderatedrain about 400li * CALL Opens steady amid covered* CALL of 6%CALL Opens RBI'sof amidIndia because liquidity balancesrup around 6% * CALL moderate demand and ample CALL forRBICALLrisemaydemanddemand, plentif amidst Hoversdemand,the reverse repo steady Reporting Day. RBIample supplies mee around ample liquidity. rateOpensrepo likely to as mayRBI may get sli banks covered * Day. RBI flat Steady garner amid plentiful * repo in again get total of 40 * GILT Marginally downas Fed minutes strengthen beliefs that itstatus.hike ratescautious commentsthe next auctiontrade seenblnupbe * GILTS Up * as market * GILTS Open upto get SLRtreasuriesGILTS Opens down tailing strengthen hopes Fed 90sales USg GILTS Open up tailing U.S. Treasuries as U.S.Traders U.S.GILTSFOMCweak risingdata strengthens ininrupe awaits oil bonds tailingtailingwon't *GDPBernanke's20 sales.ofhigher However,ofworth won't hike t * GILTS Up US Friday's rise dataon profit than*expected. * GILTS Opens downatweaker OpenSeen U.S. againand market hopes b as in * bonds afterGILTS Slightly up tracking risefall in Sep ahead meet.treasuries as profit range US because overnight ahe * RUPEE Slightly up as dollar continues down * RUPEE steadylower ahead of up ECBRUPEELikely datayenkeyaRupeeremainto Friday. L * RUPEE Slightly up as *dollar to remain weakUpon tradersweakensU.S.U.S. yen.and*theto trade sell U.S.paise today.trade in * RUPEE Slightly softens overseas as dollarhopes taking rate economic beforeRoseeconomic band as8-10 RUPEE Little dollar overseas, Slightly keySlightly down, Sep. Rupee likelyopeningNDF related as changed * RUPEE avoid aftermajor positions Fedtoday. dollars versustoday. Ru as overseas RUPEEtailing hikes Uptailing Chairman'sdata datathe dolla * before *lower-than-expected U.S. in to speech in a after meet in RUPEE weakness likely as banks in 10 on trades impo Corpor

11-Sep 12-Sep 13-Sep 14-Sep 15-Sep 18-Sep 19-Sep 20-Sep 21-Sep 7.68% 7.74% 7.74% 7.76% 7.83% 7.83% 7.79% 7.68% 7.68% 7.44% 7.49% 7.49% 7.51% 7.56% 7.57% 7.55% 7.47% 7.47% 8.56% 8.53% 8.56% 8.54% 8.56% 8.59% 8.59% 8.58% 8.54% 7.98% 7.98% 8.00% 8.02% 8.04% 8.04% 8.03% 8.03% 8.01% 6.85% 6.86% 6.85% 6.87% 6.88% 6.88% 6.90% 6.89% 6.88% 6.42% 6.43% 6.43% 6.44% 6.45% 6.44% 6.51% 6.50% 6.48% 6.99% 6.99% 7.00% 7.05% 7.06% 7.13% 7.18% 7.22% 7.25% 7.73% 7.79% 7.80% 7.82% 7.88% 7.87% 7.83% 7.74% 7.72% 6.00-6.10 6.00-6.10 6.05-6.10 6.10-15 6.10-6.20 6.30-6.40 6.50-6.55 6.50-6.60 6.40-50 43805 34115 34755 36170 37280 22895 3625 4125 8625 46.26 46.33 46.23 46.13 46.11 46.127 46.105 46.07 45.85 1.268 1.272 1.268 1.268 1.272 1.266 1.271 1.267 1.272 5.01% 5.01% 5.01% 5.01% 5.01% 4.78% 4.78% 4.78% 4.78% 65.77 65.90 63.96 64.56 63.19 63.38 64.06 61.83 60.95 597.40 597.50 581.25 590.85 576.65 584.15 586.05 574.25 580.50 4.77% 4.80% 4.77% 4.76% 4.80% 4.79% 4.81% 4.74% 4.73% 6.44% 6.44% 6.44% 6.48% 6.48% 6.48% 6.48% 6.48% 6.52% 6.93% 6.93% 6.93% 6.93% 6.93% 6.93% 6.93% 6.93% 6.93% 11918.65 11505.18 11660.79 11893.79 11973.02 12009.59 12071.3 11970.47 12109.14 3471.45 3349.45 3389.90 3454.55 3471.60 3471.60 3492.75 3457.35 3502.80

* CALL Little changed. No impactas liquidity ample.spurt inbalances thebankson good up on strong demand.CBLOsatandfrom banks ata * CALL Remains flat of 90-bln-rupee gilt auction outflowas* demand. seendemand.repo aheadtorupees inworry remains w * CALL Steady as plentiful liquidity expected mop-up today higher Opens higherblnofon typicalreverse repo adv * CALL Firm on RBI's *demand as CALL coverat mayfrom320-350 duebe demandFriday. Bids ris * CALL Opens flat. Demand slightly* CALL get*comfortable. Liquidity theat demand C CALL Opens up Opens reverse state-owned, to 310-320 bln weightedfr supplies RBI staying Banks Rises Reportingearly rupees. product needs likely CALL borrowprivatedealt foreign of ten more wake banks * GILTS Opens up extending Friday's gains Open down Downtreasuries. GILTSsalesfall indealersoil sharplyThu opening a range of 10-15 * GILTS Opens down tailing overnight fall in due GILTS Downsellprofit fallalso liquidity in prices. up onandin gainstax in emer * GILTS Open up tailingbullish auctioninselling byProfit yields and persist. worrieslikely to Profit sales outoutflow * GILTS on * overnight falltoas traders banks, primaryas bankspricesErase after strong retail banks,n GILTS U.S. cut-offs. *Overnight sales global *treasuries asrise. be CBLOs as over liq * U.S. Treasury Downin global GILTSprimary dealers cash may up. S in noting GILTS Opensand aid call overnight rise sales * on U.S.oil Prices nervous trade ahead of inch U.S. * RUPEE Slightly down * RUPEE Up RUPEE remains firmUp RUPEEoverseas.seenfrom taking the notingthatstrengthplanning toband.wea * RUPEE Slightly down * as banks sell dollars versus yen. Rupee sell dlrs,inflows. advantageUpgovt is$1expectations itdiffe as banks buy dollars noting expectationforeign *banks banksRUPEEtrading assell of offshore-onshore rateof liqu as dollar Up RUPEE expecting dollar inflows *trading inWeak in the 46.20-46.35on likelyin rupee * on latter's * as of exporter, FIIRupeebuyup asReportsforeignbuy onoverseas. Rupee s strength Down as dollar seen *banks banksasperdlrsBut, rise as cos' RUPEE Slightlyexporters 46.30-46.40 funds. range. ease do dollarsRUPEEitsdollars and banks sell dlrs FII, per $1

22-Sep 25-Sep 26-Sep 7.62% 7.63% 7.55% 7.43% 7.41% 7.31% 8.56% 8.54% 8.53% 8.02% 7.98% 7.98% 6.88% 6.87% 6.87% 6.50% 6.50% 6.50% 7.25% 7.25% 7.28% 7.68% 7.68% 7.60% 6.40-6.50 6.50-6.60 6.40-6.50 13415 14555 13685 45.91 45.89 46 1.279 1.282 1.274 4.78% 4.61% 4.61% 61.93 60.09 61.55 586.10 587.75 592.50 4.63% 4.59% 4.54% 6.52% 6.52% 6.52% 6.93% 6.93% 6.93% 12274.27 12236.78 12173.91 3553.05 3544.04 3523.45

27-Sep 7.58% 7.32% 8.47% 7.96% 6.87% 6.50% 7.24% 7.63% 6.30-6.40 15520 45.91 1.269 4.61% 61.30 592.10 4.59% 6.52% 6.93% 12321.19 3571.75

28-Sep 29-Sep 4-Oct 7.62% 7.65% 7.58% 7.38% 7.42% 7.36% 8.49% 8.52% 8.54% 7.96% 8.03% 8.03% 6.88% 6.88% 6.88% 6.56% 6.58% 6.58% 7.28% 7.30% 7.35% 7.67% 7.70% 7.63% 6.40-6.50 7.00-7.25 6.40-6.50 19955 17405 1915 45.915 45.93 45.65 1.273 1.271 1.272 4.61% 4.61% 4.56% 63.16 62.38 58.33 602.00 603.60 577.20 4.60% 4.61% 4.62% 6.60% 6.60% 6.60% 6.90% 6.90% 6.90% 12366.91 12380.74 12454.42 3579.30 3571.75 3588.40

5-Oct 7.58% 7.37% 8.54% 7.89% 6.88% 6.58% 7.21% 7.63% 6.30-6.40 24440 45.69 1.270 4.56% 60.09 568.30 4.57% 6.60% 6.90% 12204.01 3515.35

6-Oct 7.62% 7.41% 8.52% 7.89% 6.88% 6.59% 7.25% 7.67% 6.40-6.50 29350 45.68 1.269 4.56% 59.70 570.30 4.60% 6.60% 6.90% 12389.41 3564.90

* CALL Around 6.50% withsteady amid moderate as demand moderate andsharplyreservereservesOutlookthe end oftenders. reversede * CALL Opens demand*from some privateasOpens upstays moderate.dailyonblnOpens CALL Opens rupees amid also week * CALL Opens almost flat* demand. RBI expected CALL Opens firm. Some of the state-owned improves as For CALL Opens CALL demand as banks supplies comfortable.towards well assteady in its CBLOs d flat and foreign banks to get 180-200 needs * firmas demand continuesstrongRB * CALL Opens meet RBI likely rupees150-170 blnrepodue to for the dem * to up reserve get reporting Friday the Reporting str * CALL to needs reverseliquidity banks to be r at as for covering strong borr * GILTS Off*highs asOff-highs because in. profit sales. Opened up tailingprofit mild fallThustrongweak and risesales downoilprices. inraise GILTS profit salesSoarGILTS Opens slightly lower lowerOct-Mar gilt issuance schedule and indexcrude in per expectation * GILTS creep of Prices*opened Opens due GiltsGILTSdownGILTS Opens higherOpens fall oilglobal fallprices * at open as sentiment upbeat asto in US salesrisedueU.S. bondsbusinessin global fromlong weeke GILTS up * GILTS tailing bondsandin after consumer fallin survey tailing oil Thu. tailing rise *overnight * in U.S. firm * GILTS quantum as of rise in U. open Opens higher because of sharp overnight U.S. U.S to bonds and tailing ahead prices. call, profit confidence survey * RUPEE Slightly weak * RUPEEas * RUPEE eyeing fall in key RUPEE Slightly weakoverseas. on viewsopportunities. that foreignfew bid * RUPEE Slightly up Down as sellLittleRUPEE Slightlylatter's*weakness offshore arbitrage importerschanged may dollars a as banks buy dollars dollars becauseworld indicesbanksmonth-end dollar RUPEE on views Rupeemay match banks banks* buy dollarson of weak as and on *importer demand. Exportersimportersdollars,in 45 changed *anticipating month-endasdollars Up * demandthatdemand selling sell notin expectations that Up RUPEE anticipate dollar exporters amid funds RUPEE buyas banks sell dollars Little demand seen doll banks on views from seen from importers

9-Oct 10-Oct 11-Oct 12-Oct 13-Oct 16-Oct 17-Oct 18-Oct 19-Oct 7.64% 7.63% 7.64% 7.63% 7.60% 7.66% 7.67% 7.67% 7.69% 7.44% 7.45% 7.45% 7.43% 7.40% 7.45% 7.47% 7.47% 7.50% 8.55% 8.57% 8.55% 8.58% 8.58% 8.58% 8.60% 8.63% 8.65% 7.89% 7.92% 7.93% 7.97% 8.00% 8.01% 8.03% 8.03% 8.03% 6.88% 6.88% 6.90% 6.90% 6.90% 6.87% 6.88% 6.89% 6.90% 6.59% 5.80% 6.60% 6.60% 6.59% 6.59% 6.62% 6.60% 6.62% 7.25% 7.25% 7.24% 7.24% 7.28% 7.30% 7.32% 7.40% 7.41% 7.69% 7.67% 7.69% 7.68% 7.65% 7.71% 7.71% 7.72% 7.74% 6.40-6.50 6.30-6.40 6.40-6.50 6.30-6.40 6.40-6.50 6.50-6.60 6.70-6.80 6.80-6.90 6.85 29070 29165 22880 25610 25150 18240 2875 3925 1165 45.67 45.74 45.74 45.57 45.512 45.44 45.36 45.25 45.27 1.260 1.259 1.255 1.253 1.256 1.250 1.253 1.254 1.250 4.77% 4.77% 4.77% 4.77% 4.77% 5.17% 5.17% 5.17% 5.17% 60.47 60.05 58.17 57.65 58.19 58.87 60.17 59.09 57.83 579.30 578.20 574.10. 574.15 578.58 591.30 597.50 591.10 589.60 4.70% 4.71% 4.73% 4.78% 4.77% 4.80% 4.78% 4.77% 4.76% 6.60% 6.60% 6.60% 6.60% 6.60% 6.60% 6.60% 6.60% 6.65% 6.90% 6.90% 6.90% 6.91% 6.91% 6.91% 6.91% 6.91% 6.91% 12372.81 12365.83 12363.77 12351.72 12537.98 12736.42 12928.18 12883.83 12858.48 3569.70 3567.15 3571.05 3559.75 3621.05 3676.05 3723.95 3715.00 3710.65

* CALL Steady despite strong demand flat,banks CALL Liquidity to balancearound 6.60%.fearing CALLon lastgiltbln rupeesPrivate andre * CALL Opens flat because as as demand Openssupplies comfortable.* No impact strong rupeesstrong near repofrom banks * CALL Opens demand modest andCALL Opens reserve needs RBI mayupcoming in strong demand, liquidity * CALL Opens flat. stays moderate. RBI likely to CALLDemand strongamid reverse festivals. CBLO * looking to *maintain high 6.50%, asget 200-250liquidity tightness around into meet res firm around the Opensdemand * bln 200-250high demand reverse fo * CALL demand. Opens get Opensday of Reporting Friday. C firm at 6.60-6.80% as banks borrow7% on highR of firm amid auctions. tenders. * GILTS Open down StayGILTS Opens little Opens slightly toGILTSahead of theOpen down. 90-bln-rupee up tailingminutestest triggersu * GILTS tailing overnightGILTS changed.likely * andtailing*falldata dampensprimary dealersU.S. Fed nuclear U.S. treasurie * steady. Trade calm. Prices Banks ease Opensdealersas GILTS Open slightly buy up ofcutoff strong biginflati * drop in U.S. bond Opensas U.S. job as U.S. might pricescut and lowahead trackingweighs on sen * GILTS prices slightly up, downauctions inflation hopes. Korea's Friday. inFriday. Pri lower primary in banks highlightenafter theOpen expecting Treasuries. So GILTS * and of Concerns of rate hike U.S. But demand bond rate * positions auctions auctions Oct, tighte GILTS auction by RBI raised fall * RUPEE Down as dlrWeakens due* toon U.S.purchases and RUPEE nuclear tests. dlrsanotingUp than soft Slightly up, ignoringweakdollar * RUPEE rises overseasRUPEE Up RUPEEby * Korean as*banks sell * RUPEE its RUPEE abroad and asinter-bank dolla * RUPEE Downdollar jobs banks Up sharply expecting importer strongeras banks sell markets may continue to slightly * asdataviews that dollar supplies Rupee up as dollar leading and spurs currencies. exp as on buy dollars Slightly weak as exporters and offshore dollars and Dollar supplie banks as theRUPEE from stronger weakness dollar Asian banks eye greenback is demand,dollar overseas abroad. on views * stronger overseas noting firm

23-Oct 26-Oct 7.65% 7.64% 7.43% 7.43% 8.67% 8.65% 8.05% 8.05% 6.93% 6.94% 6.64% 6.65% 7.45% 7.50% 7.69% 7.68% 7.00 7.00-7.20 1525 - 740 45.38 45.31 1.262 1.263 5.16% 5.16% 59.22 61.60 592.55 592.75 4.79% 4.76% 6.65% 6.65% 6.91% 6.91% 12723.59 12623.28 3677.80 3657.30

27-Oct 7.62% 7.39% 8.65% 8.07% 6.96% 6.69% 7.53% 7.65% 6.90-7.00 16325 45.2 1.269 5.16% 60.59 596.25 4.72% 6.65% 6.99% 12698.41 3709.85

30-Oct 31-Oct 1-Nov 6-Nov 7-Nov 8-Nov 7.62% 7.61% 7.62% 7.67% 7.65% 7.61% 7.41% 7.42% 7.47% 7.49% 7.45% 7.41% 8.63% 8.64% 8.65% 8.59% 8.61% 8.59% 8.08% 8.07% 8.09% 8.12% 8.15% 8.16% 6.95% 6.95% 6.95% 7.00% 7.00% 6.97% 6.63% 6.66% 6.65% 6.70% 6.71% 6.71% 7.49% 7.45% 7.47% 7.53% 7.55% 7.55% 7.65% 7.64% 7.65% 7.68% 7.65% 7.61% 6.85-6.95 6.80-6.90 7.10-7.20 6.90-7.00 7.00-7.10 6.80-6.90 12270 2005 3770 8315 7100 7930 45.09 45.04 44.92 44.86 44.81 44.65 1.273 1.271 1.276 1.270 1.277 1.277 5.26% 5.26% 5.26% 5.41% 5.41% 5.41% 60.88 58.45 58.52 58.70 59.90 59.19 602.25 600.70 607.50 628.20 625.70 626.80 4.66% 4.67% 4.61% 4.72% 4.70% 4.66% 6.65% 6.65% 6.65% 6.65% 6.65% 6.65% 6.99% 6.99% 6.99% 6.99% 6.99% 6.99% 12906.81 13001.16 12956.26 13130.79 13186.89 13156.66 3739.35 3764.10 3745.50 3805.35 3809.25 3798.75

* CALL Opens up at 7.40% asOpens CALL Opens higher as forsteady at 6.90%Up asCALLstrikenewconcerns ease onBanks seen giltre * CALL Opens firm around down onBanks borrow thinfourborrowBeej,amid strongin one-dayadequate supplies. demand bora * CALL banks 7.20%. ahead of Opens trade asCALLto Ramzan Id. demand, Offhigher as good demand me * borrow low demand, CALL Steady around 6.90%. Liquidity Reporting Friday. expected first * CALL holidays for Bhaubanks participateOpens slightly highs on 90-bln-rupee and * banks days due bankers' of * on Reporting Fortnight. RBI's gover * more at*the start borrowingstrike. banks' CALL increase good * GILTS Open down Open up asOpen bond ahead GILTS bonds after Off-highsstatement and Openand RBIupinflation Octof seen inafter * GILTS as *sentiment cautious prices rally banks andsetting steadymeet *on down WedGILTS Offpolicy onrate and Volumess GILTS U.S. GILTS tailing as after * GILTS a FOMC as banks key interestbackbefore releaseopening higher * higher Down U.S. Opens almost * GILTS Open Tue, on*theafter higher in after bondsof immed * of FOMC U.S. Federal Reserve offloadindicated at rates steady.U.S. 31. uncertain rate primary dealers holds positionsslightlyof fall callPrices RBI's credit 2-day amid cautiousprimary easing highs on pressures. Back GILTS sentiment dealers sell absence after a in the profit sales 10-1 * RUPEE Slightly down* as weaker yen banks UpU.S.banks demand prompt dollarDowndollarsSlightlyTrade likely weak abroad ahead o * RUPEE Up RUPEEdecision to hold* RUPEE Steady as traders banksbuyingmajor thaton up fall dollarRBI ratesell for Octob as Fed Up * RUPEE sellas rates sell dollarsUp RUPEE andRUPEE banks.exporters will tojobsU.S.today expe as and likely importer steady weakens dollar taking viewsand its as after sell dlrs. decision. dlrs noting RUPEE noting weakglobally. dollar RUPEE on strong banks Rupee migh * its softness as avoid sell as * abroad * on by noting expectations that thin economic dollar/yen *positions Risesto slips exporters seen surges prior as be data dlrs

9-Nov 10-Nov 7.61% 7.61% 7.42% 7.45% 8.56% 8.56% 8.15% 8.15% 6.97% 6.97% 6.68% 6.65% 7.55% 7.55% 7.59% 7.59% 6.60-6.70 6.70-6.80 10795 6945 44.66 44.56 1.276 1.286 5.41% 5.41% 60.06 61.06 618.30 633.50 4.63% 4.60% 6.65% 6.65% 6.99% 6.99% 13072.51 13137.49 3777.30 3796.40

14-Nov 7.58% 7.41% 8.58% 8.13% 6.96% 6.63% 7.55% 7.54% 6.80-6.90 8960 45.13 1.282 5.09% 58.65 624.80 4.62% 6.65% 6.99% 13399 3858.75

15-Nov 16-Nov 17-Nov 20-Nov 21-Nov 7.51% 7.54% 7.53% 7.50% 7.48% 7.38% 7.42% 7.42% 7.39% 7.38% 8.54% 8.59% 8.61% 8.61% 8.58% 8.13% 8.15% 8.19% 8.20% 8.18% 6.97% 6.98% 6.99% 6.99% 6.98% 6.65% 6.65% 6.65% 6.63% 6.64% 7.55% 7.55% 7.55% 7.66% 7.63% 7.51% 7.53% 7.53% 7.46% 7.42% 7.05-7.15 7.10-7.20 7.00-7.10 7.10-7.20 6.70-6.80 4280 5110 4565 5135 9745 45.32 45.15 44.99 44.83 45.02 1.281 1.283 1.277 1.284 1.281 5.09% 5.09% 5.09% 5.30% 5.30% 58.50 58.76 56.25 58.44 59.10 623.10 624.50 618.90 623.70 623.00 4.58% 4.62% 4.65% 4.59% 4.60% 6.65% 6.65% 6.65% 6.65% 6.65% 6.99% 6.99% 6.99% 6.99% 6.99% 13466.25 13469.37 13505.98 13429.48 13430.71 3872.60 3876.30 3876.85 3852.80 3856.15

22-Nov 7.48% 7.36% 8.57% 8.18% 6.96% 6.64% 7.66% 7.43% 6.30-6.40 12075 44.74 1.286 5.30% 60.03 627.40 4.58% 6.65% 6.99% 13616.77 3918.25

* CALL Opens steady. CALLon modest demand,*comfortable supplies.Fortnight.Opens reverse banksrupeesget reverse repo. CBLOs dR CALL Opens flat Opens firm a day ahead of theas CALLas demand adequate firstEases RBI may attofundrupees vsrupees v Demand modest on strongCALL Open demand met firmstrongreverseweek seenLower as110-120 improveeases * CALL Opensdemand,Reporting RBI by as bankssupplies.to fundrisingto 40-50 bln crunch at get steady * firm supplies. RBI mayinfirm60-80 bln seengilt investments. rupees bln r limited Opens mop-up * CALL as repo Reporting Fortnight. bln may rev * CALL RBIat getborrow CALL 7% as suppliesinvestments. repo of borrow * below 70-80 bln gilt RBI 69 and liquidity * GILTS Opens steady GILTS Openslightly higher on SLROpen dn tailingbanks. dealersfall on10-year amid up ontradefor asto thein ofFed GILTS Long-endtrades inmarginally band. tailing overnightUp *as US bondsGILTS inflation. repocalmdata.seen falling tocrude and opens * GILTS Open higherdemand subdued U.S.tame inflation andfall on sales changed data Dallas5.19p 2-3 paise lower Activity*seen from USas Market eyes Steady yieldweak Wed Weak rise view o * GILTS as 10-year fall in on bonds.await weak retail Little housing view lackliquidit GILTS US GILTS Upafter USbondsGILTS numbers raised data in US up peers *as US reverse WPI inflation duebyinflation wo hawkish Fed minutes remarks * housing data reinforcing reinforcing on trig * RUPEE Inches upJumps by 14 paiseRUPEE Slips on dollar demandas *banksandUp RUPEE demandweak eye local stocksell dollars ml RUPEE after opening lower on expectations banks buyfell UpU.S. sellAsia dollaroverseaseconomicsupplies open as banks RUPEE Slips * as initial gainsdollarsstrongitup from anticipatingstate-run *banks.following ason view exportersda after banks * RUPEE Slightly dollar inflows from exporters. Traders overseas followingindices.dolla sell as of after dollars importers,ason notingU.S. from importers. U.S. resistancee * RUPEE in RUPEE weakens Slightly dollar of weak PSU housing fa as dollar dollars weak RUPEEto afterdata. Key banks U.S. * dollar weakensLack and banks weak weak Rises steady accelerates

23-Nov 7.44% 7.30% 8.58% 8.18% 6.96% 6.65% 7.64% 7.40% 6.00-6.15 23650 44.72 1.294 5.30% 59.38 629.50 4.56% 6.65% 6.98% 13706.53 3954.75

24-Nov 7.46% 7.31% 8.56% 8.18% 6.95% 6.64% 7.63% 7.43% 6.10-6.20 23430 44.85 1.295 5.30% 59.21 632.50 4.56% 6.65% 6.98% 13680.83 3945.45

27-Nov 28-Nov 29-Nov 30-Nov 1-Dec 4-Dec 5-Dec 7.39% 7.37% 7.38% 7.41% 7.42% 7.41% 7.39% 7.23% 7.25% 7.27% 7.31% 7.31% 7.28% 7.26% 8.54% 8.54% 8.53% 8.54% 8.55% 8.58% 8.56% 8.17% 8.15% 8.15% 8.17% 8.18% 8.19% 8.19% 6.94% 6.93% 6.89% 6.90% 6.94% 6.94% 6.93% 6.62% 6.60% 6.59% 6.59% 6.64% 6.64% 6.63% 7.60% 7.63% 7.66% 7.68% 7.68% 7.65% 7.65% 7.39% 7.37% 7.37% 7.39% 7.41% 7.41% 7.40% 6.10-6.20 6.00-6.10 6.10-6.20 6.05-6.15 6.10-6.20 6.10-6.20 6.05-6.15 15995 14465 9335 12225 18165 24530 28925 44.62 44.72 44.64 44.75 44.65 44.63 44.54 1.313 1.313 1.319 1.317 1.325 1.331 1.332 5.29% 5.29% 5.29% 5.29% 5.29% 5.45% 5.45% 59.64 60.30 61.04 62.44 62.67 63.37 62.67 641.50 638.90 639.10 637.60 646.80 647.15 644.85 4.56% 4.53% 4.51% 4.52% 4.46% 4.44% 4.43% 6.65% 6.65% 6.65% 6.69% 6.69% 6.69% 6.69% 6.98% 6.98% 6.98% 6.98% 6.98% 6.98% 6.98% 13740.77 13773.59 13601.95 13616.73 13696.31 13844.78 13874.33 3959.05 3968.90 3921.75 3928.20 3954.50 3997.60 4001.00

* CALL Eases CALL Opens RBI notional floor,as demand Openssuppliessteady liquidity.daily reserve borrowingCBLOsby inDay. 6.10% d * closer to 6% CALL Opens soft StaysCALL good,CALL Opens flatcare ofRBI may getCALL heavyrise demand from foreig * soft due to low demand softmost banks have comfortable.* CALL Higher190-200for offset liquidity reverse r * CALL on considerable improvement in despite heavy borrowing Stays Reportingweighted ave * as with moderate demand met by comfortable steady. Good in at ample Liquidity * almost * CALLas goodCBLOs at 6.04%but blnsteady aroundmay getw taken Opens flat. Opens supplies. demand.Wednesday. liquidity * needs a rupees RBI offsets offsets versus 6.06% its liquidity * GILTS Rises GILTS Slightly lowerOpento profit taking ahead *of the 50-bln-rupee auction. Nosurgetailingequitiesof banks'after weakma * as sentimentGILTS duesharp rise * GILTS Up tailing thedue tolower trackingtailingvolatile hopes higher USState-owned * upbeat on GILTS Rise, reverseU.S. bonds overnight Open up athe overnight US Treasuries desire to sho * up tracking extending overnight RBI Wed.rise dollar and * U.S.liquidityas weak dataprices pricef in rise in repo bids Opens abecause of RiseGILTS Open globalsupported andst GILTS of gains, weak GILTS triggers from abroad domesticcheers ec * GILTS * in U.S. bonds and rise and as oil was closed in peers in market. fuel by * RUPEE Up * RUPEE Slightly weakRises as banksRUPEE Slightly up importerfell against leading*currencies. for inflows.major Asian so as banks sell*dollars noting its weakness versus*Asian currenciesdollaras RUPEEfromRUPEEdollarfrom banks noting dragi RUPEE as RUPEE Slightly down as banksas *banksandUp as banks sellmajor on likely dollarsFIIs. dollars * banks buy* dollars anticipating Slightly demandstrong inflowsdollarsRisesversusU.S. data its cu sell dollars RUPEE expect downdollars noting its as banks sell demand payments after the latter sell * and lack of importers RUPEE demand Rises weakness month-end from impo as banks buy dollars after as cos,Rupee seen expected weak sell

6-Dec 7-Dec 8-Dec 11-Dec 12-Dec 14-Dec 15-Dec 18-Dec 19-Dec 7.38% 7.39% 7.39% 7.50% 7.58% 7.69% 7.68% 7.60% 7.58% 7.25% 7.27% 7.28% 7.41% 7.52% 7.62% 7.61% 7.48% 7.47% 8.56% 8.57% 8.59% 8.58% 8.66% 8.71% 8.76% 8.74% 8.74% 8.19% 8.19% 8.22% 8.23% 8.29% 8.34% 8.47% 8.44% 8.44% 6.91% 6.93% 6.92% 6.91% 7.00% 7.05% 7.30% 7.28% 7.15% 6.62% 6.61% 6.63% 6.61% 6.68% 6.73% 7.02% 7.04% 7.03% 7.68% 7.65% 7.68% 7.69% 7.80% 7.90% 8.10% 8.15% 8.20% 7.39% 7.40% 7.40% 7.51% 7.62% 7.71% 7.69% 7.61% 7.59% 6.00-6.10 6.10-6.20 6.00-6.410 6.20-6.30 7.25-7.35 7.90-8.00 8.00-8.20 8.30-8.40 8.20-8.30 32280 34255 26545 18095 8510 7105 - 980 - 3090 -7600 44.5 44.71 4.67 44.8 44.8 44.75 44.65 44.77 44.75 1.333 1.331 1.329 1.316 1.325 1.321 1.314 1.309 1.317 5.45% 5.45% 5.45% 5.30% 5.30% 5.30% 5.30% 5.16% 5.16% 62.53 62.32 62.81 61.80 61.30 61.56 62.57 63.15 63.15 640.50 629.65 633.15 626.25 630.95 627.65 626.45 617.35 616.60 4.44% 4.48% 4.49% 4.55% 4.52% 4.57% 4.59% 4.59% 4.57% 6.69% 6.65% 6.65% 6.65% 6.65% 7.10% 7.10% 7.10% 7.10% 6.98% 6.94% 6.94% 6.94% 6.94% 6.94% 6.94% 6.94% 6.94% 13937.65 13949 13973.02 13799.49 13399.43 12995.02 13487.16 13614.52 13731.09 4015.75 4015.95 4015.35 3962.00 3849.50 3716.90 3843.05 3888.65 3928.75

* CALL Opens flat as supply comfortable, demandup due tosupply Opens banks as *banks in reversethe Reportingbln tooutflows. RBIthe * CALL Opens flat, as demand as demand Risesmayheavy * CALLblncovered aheadas demand for hiked rupees Tue. atat 5. * CALL Opens flat, Opens low.low,* CALL comfortable. Mostabove 8% of repoReportingtaxCRRtax banks out * CALL low,*supply comfortable. Most higher as CALLborrow demandvs 323 aheadadvance on 5.9 CALL RBI worries interbank Staysdemandcovered afterbanksdueFriday. of outflows on get 350-360 liquidity would strong fromadvanceFriday. CBLOs CBLO demand rupees Up tighten on rises loans continues tax by banks as before RBI of CBLOs ma * GILTS Opens slightly * GILTS Open little changed as US * GILTSbigupCRR toavoid big the 90-bln-rupee days.banks andseen on onSta * GILTS Open down tailing overnightas RBI's hike slightly purchases before purchases bondssurvey dampened today. ofto down, as banks and Fall GILTS banks,in banks'strong jobs *banksworriesUS beforeahead ofoutcome hopes ina * GILTS primary dealers avoidafter *dealers overnight rise in inover tighter liquidity buy as U.S. fears * fall in Open primary GILTS Down on and primary dealers continue to for liquidity p bonds Open down tighten labour confidence auction Fri. Ample statutory tailing as and liquidityas state-owned Liquidity sell under GILTS Up coming auction FOMC meet bond * RUPEE Off RUPEE Weakens on dollar weak on light dollar RUPEE Weaken to opening bankssome others. rosefall unlikelyfollowing a o * opening highs due to * RUPEE Weakens somepurchases by banks,foreign dealsbehalf ofsales Bigan U.S. of rise rate cuts * RUPEE Opens purchases by as dollar stronger due in a weakerdue toreducesRBI. by buy dollars unless sett dollar purchases by some foreign banks,strongpossiblydollarexpectingmarket ahead bank. Opened * RUPEE Opens gains * RUPEE Off RUPEEby as the dollar May overseasUS as dollar * state-owned some coveringdata in Asianexpectations of early rate stro after short *US job on dollar as banks resume on behalf lows Weakens demand.

MARKET POINTERS
20-Dec 21-Dec 22-Dec 26-Dec 27-Dec 28-Dec 29-Dec 7.59% 7.60% 7.59% 7.61% 7.63% 7.62% 7.62% 7.48% 7.49% 7.49% 7.52% 7.58% 7.53% 7.59% 8.74% 8.76% 8.75% 8.76% 8.79% 8.85% 8.85% 8.42% 8.45% 8.63% 8.63% 8.77% 9.09% 9.11% 7.13% 7.15% 7.18% 7.20% 7.22% 7.23% 7.23% 7.03% 7.04% 7.05% 7.05% 7.08% 7.09% 7.18% 8.23% 8.27% 8.31% 8.41% 8.55% 8.63% 8.95% 7.59% 7.60% 7.60% 7.60% 7.63% 7.61% 7.62% 8.00-8.10 8.00-8.15 8.70-8.80 10.5 11.00-12.00 11.0-12.00 16.0-17.00 -8315 - 11545 - 11515 - 20280 - 27995 -27770 -36110 44.72 44.73 44.58 44.54 44.37 44.34 44.35 1.322 1.319 1.320 1.312 1.313 1.312 1.316 5.16% 5.16% 5.16% 5.32% 5.32% 5.32% 5.32% 63.27 63.28 63.28 62.82 61.06 60.39 60.54 622.95 621.05 619.30 624.80 625.10 628.10 633.80 4.59% 4.59% 4.55% 4.60% 4.60% 4.66% 6.84% 7.10% 7.10% 7.10% 7.10% 7.10% 7.19% 7.19% 6.94% 7.24% 7.24% 7.24% 7.24% 7.24% 7.24% 13382.01 13340.21 13384.86 13471.74 13708.34 13885.01 13846.34 3832.00 3815.55 3833.50 3871.15 3940.50 3973.85 3970.55

* CALL Opens higher as CALL Steady. Rate seen rising astight liquidity stays mightwith banksblnas banksto liquidity. RBI CRR4 daysthe * CALL Up asdemand strongbeforebanks amidFridayliquidity.as* first as Rises tocomescover positions positions for infuse 100 * demand high from Reportingto 8.40-8.50% RBItightness in liquidity. rupeeson meetin the firsttenders vsan * CALL Wide CALL Firm CRRandOpens CALL banks rush to into effect Sat. RBI repo to needs. inf * quotes as hikedue to up CRR Sat, puts borrowing through the likely week of 84 * CALL effective from hike 80 pressure cover higher expected to tight infuse 16% * GILTS Open up asOpen nearly flat.GILTS Down as liquidity tightensGainsGILTStailing Gainstoof the CRR hike to tighteffect from Satur * GILTS banks, which off-loaded positions, overnight riseOpen weakprices. aftersoseendata continuetakes slightly cuts.eyes * GILTS OpenSLR demand fromOpen GILTS to support liquidity the overnight fall indue bonds. of rate lower. SL * slightly up GILTS invest little changed,seenthe firsttightness fearsto firm call. Bid liquidity. bank * tailing banks likely in US Treasuries due weak due revived hopes Strong US hom * today. furtheras limited stage far limited US oil linger keeping Ga * as No deals overnight rise in to prices. Market * RUPEE Slightly weak * RUPEE In*2-3 paiseRises after opening down 13*paisebanks.the upbanks coverimporters. Premiums today.imp * RUPEE Recovers after RUPEE noting the dollar*lows aftercustodialversus by custodialfrom Importers', FIIs dlrfor44.25-44. as banks sell opening down on weakness open on dollar rise asmatchon 44.72-44.80foreign positions. FIIs, cos. dollars band * RUPEE a steady of theas RUPEE Up on euro, pound.fromdemand.banks in Strong in Off sales by Falls after sales Seen in oil cos' dlr Rise maySeen demand up RUPEE dollar opening dollar sales early sold range few bids banks. per $1 be capped as like seen

to 16% as banks cover positions for 4 days and to maintain their capital adequacy ratio for Dec quarter. RBI may infuse 350-400 bln rupees via repo. eals so far due to firm call. Bid slightly lower. SLR-related demand, Dec-quarter ending of banks to prevent steep fall. on dollar sales from foreign banks for FIIs, cos. But, banks remain wary of dollar demand from state-run banks on behalf of the Reserve Bank of India

10Y Gsec (7.49%) 5Y Gsec (7.40%) 5Y AAA 1Y AAA 1Y TB 91D TB 3M CP 3M MIBOR Call Rate (%) R.Repo / Repo (Rs.Cr.) INR/$ Euro/$ Inflation (%) Oil (NYMEX) ($) Gold ($/Oz) 10Y UST Last 91D Tbill Cut-off Last 364D Tbill Cut-off Sensex (Prev close) Nifty (Prev close)
Source: News wire

5-Mar 8 7.95 9.65 10.8

6-Mar 7.97 7.92 9.65 10.6 7.30 NA 10.60 5.25-5.50 3000 44.53 1.310 6.05 59.60 642.28 4.52 7.48% 7.73% 12415.04 3576.50

7-Mar 7.95 7.97 NA NA 7.45 7 NA

9-Mar 8.05 7.94 9.60 10.60 7.7 7.35 10.65

12-Mar 7.97 7.93 9.65 10.60 NA NA 10.65

13-Mar 7.96 7.91 9.65 10.45 NA NA 10.60

14-Mar 7.96 7.95 9.69 10.43 7.65 NA 10.60

4.50-4.75 44.45 1.314 6.05 61.64 640.75 4.46 7.48 7.73

5.50-5.75 5.25-5.55 5.50-5.60 5.20-5.50 5.10-5.30 3000 3000 3000 3000 3000 44.46 44.31 44.23 44.23 44.32 1.310 1.315 1.311 1.318 1.319 6.05 6.05 6.10 6.10 6.10 59.95 61.64 60.05 58.91 57.75 643.50 651.75 651.40 650.70 641.40 4.52 4.51 4.59 4.56 4.47 7.48 7.48 7.48 7.48 7.48 7.73 7.73 7.73 7.73 7.73 12697.09 13049.35 12884.99 12902.63 12982.98 2655.65 3625.85 3718.00 3734.60 3770.55

Disclaimer:

* CALL Stays CALL Slightly up as banks borrow rise in CBLO rates prevents further * lower as supply remains good, but to meet 60-bln-rupee outflow for g

This document has been prepared by Kotak Mahindra Bank (KMBL) based upon information generally available to the public or sources generally considered reliable. KMBL does not warrant the completeness or accuracy of the information. Opinions and estimates contained herein are subject to change without notice. This material is for private information only and opinions expressed are our current opinions as of the date appearing on this material only. This document does not have regard to the specific currency exposures or the particular needs of any specific person who may receive this document.

* GILTS Slightly higher but traders continue to remain wary ahead of the 60 bln ru * GILTS Steady with banks, primary dealers avoiding active trade befo

* RUPEE RisesRUPEE Slightly higher on upbeat sets of data from the resistance seen * as banks sell dlrs noting mixed local equities. Strong U.S. Tuesday

21-Mar 8.08 8.02 9.65 10.75 7.85 NA 10.80

22-Mar 7.98 8.00 9.55 11.00 8.10 NA 10.90

26-Mar 8.00 8.06 9.60 10.75 7.70 NA 11.20

29-Mar 7.98 7.99 9.65 10.75 7.75 NA 11.50

30-Mar 7.95 7.94 9.50 10.75 7.75 NA 11.50

4-Apr 8.19 8.19 9.55 10.80 8.00 NA 11.60

11-Apr 8.02 8.04

12-Apr 13-Apr 8.02% 8.08% 8.03% 8.09% 9.50% 9.45% 10.40% 10.40% 7.65% 7.60% NA NA 9.95% 10.00%

20-25 15.00-16.00 12.00-13.00 9.50-10.00 50.00-60.00 10.00-10.50. 4.90-5.20 1.50-2.00% 2.00-5.00% - 34950 - 34000 NA -27395 - 17865 NA 3000 3000 43.62 43.65 43.38 43.38 43.56 42.85 42.88 42.87 42.78 1.331 1.338 1.327 1.332 1.332 1.332 1.342 1.347 1.351 6.45 6.45 6.48 6.48 6.48 6.46 6.39 6.393 59.25 59.61 62.28 64.08 66.03 64.64 61.89 62.01 63.85 659.40 663.20 658.90 664.90 662.30 664.70 676.33 678.00 677.03 4.56 4.53 4.60 4.62 4.64 4.67 4.71 4.725 4.737 7.48 7.98 7.98 7.98 7.98 7.98 7.35 7.35 7.83 7.83 7.83 7.98 7.98 7.98 7.70 7.70 12705.94 12945.88 13285.93 12884.34 12979.66 12624.58 13189.54 13183.24 13113.81 3697.60 3764.55 3861.05 3761.10 3798.10 3690.65 3845.15 3862.65 3829.85

16-Apr 8.09% 8.11% 9.45% 10.40% 7.60% NA 9.90%

17-Apr 8.10% 8.11% 9.55% 10.45% 7.60% NA 10.00%

18-Apr 8.09% 8.13% 9.60% 10.50% 7.60% NA 10.25%

19-Apr 8.07% 8.11% 9.85% 10.70% 7.60% NA 10.30%

20-Apr 8.07% 8.11% 9.85% 10.70% 7.60% NA 10.50%

23-Apr 8.13% 8.11% 9.85% 10.50% 7.65% NA 10.50%

25-Apr 7.97% 8.04% 9.90% 10.55% 7.60% NA 10.70%

26-Apr 8.00% 8.04% 9.85% 10.60% 7.65% NA 10.50%

7.00-7.25% 15.00-16.00% 10.0-11.50% 9.00-9.50% 9.00-9.50% 9.00-9.50% 7.50-7.60% 8.00-8.25% 3000 -13815 NA -9085 -15660 -16200 -14405 -3490 42.34 41.78 41.89 42.10 42.04 41.62 40.95 40.74 1.355 1.353 1.358 1.355 1.361 1.358 1.363 1.365 5.74 5.74 5.74 5.74 5.74 6.09% 6.09% 6.09% 63.63 63.61 63.10 63.13 . 64.11 64.58 65.84 687.65 687.65 688.03 686.40 684.15 692.53 683.05 685.85 4.77 4.73 4.68 4.63 4.68 4.67% 4.62% 4.65% 7.35 7.35 7.35 7.48 7.48 7.48% 7.48% 7.35% 7.70 7.70 7.70 7.70 7.70 7.70% 7.70% 7.75% 13384.08 13695.58 13607.04 13672.19 13619.7 13897.41 14136.72 14217.77 3917.35 4013.35 3984.95 4011.60 3997.65 4083.55 4141.80 4167.30

27-Apr 8.08% 8.06% 9.85% 10.55% 7.75% NA 10.60%

3-May 8.15% 8.11% 9.92% 10.71% 7.74% NA 10.60%

4-May 8.15% 8.14% 9.92% 10.71% 7.74% NA 10.65%

7-May 8.15% 8.14% 9.96% 10.71% 7.73% NA 10.65%

8-May 8.11% 8.10% 9.98% 10.63% 7.74% NA 10.60%

9-May 8.08% 8.09% 9.97% 10.65% 7.72% NA 10.60%

10-May 8.10% 8.09% 9.96% 10.60% 7.73% NA 10.35%

14-May 8.17% 8.12% 10.00% 10.40% 7.70% NA 10.20% 8.75% 3000 40.88 1.348 5.66% NA NA NA 7.60 7.77 13796.00 4076.65

12.50-13.50% 8.00-8.25% 8.00-8.25% 7.10-7.20% 5.75-6.00% 4.25-4.50% 1.00-3.00% -8720 -15975 -7605 -1945 3000 3000 3000 41 41.20 40.89 40.59 40.73 40.89 40.98 1.360 1.360 1.356 1.360 1.361 1.354 1.353 6.09% 6.09% 6.09% 5.77% 5.77% 5.77% 5.77% 65.06 63.68 63.19 61.93 61.47 62.26 61.55 673.00 672.30 681.30 688.74 687.60 685.00 679.40 4.69 4.64% 4.67% 4.64% 4.63% 4.63% 4.67% 7.35% 7.35% 7.35% 7.69 7.69 7.69 7.60 7.75% 7.75% 7.75% 7.75 7.75 7.75 7.77 14228.88 13872.37 14078.21 13924.37 13879.25 13765.46 13781.51 4177.85 4087.90 4150.85 4117.35 4111.15 4077.00 4079.30

15-May 8.15% 8.14% 10.00% 10.30% 7.73% NA 10.15%

16-May 8.11% 8.14% 9.93% 10.28% 7.73% NA 10.00%

17-May 8.08% 8.11% 9.95% 10.28% 7.73% NA 9.95%

18-May 8.14% 8.12% 10.00% 10.15% 7.73% NA 9.90%

21-May 8.16% 8.14% 10.01% 10.23% 7.73% NA 9.90%

22-May 8.09% 8.07% 10.02% 10.10% 7.74% NA 9.85%

23-May 8.13% 8.12% 10.00% 10.10% 7.75% NA 9.55%

24-May

25-May 8.16% 8.14% 10.02% 10.15% 7.82% NA 9.65% 7.85-7.95 -6,755 40.615 1.341 5.44% 64.18 654.73 4.83% 7.64% 7.80% 14218.11 4204.90

9.00-9.25% 8.50-9.00% 8.40-8.50 8.00-8.25 8.00-8.10 7.65-7.75 7.50-7.60 -16500 -24115 -21605 -24550 -19680 -12,010 -5,280 40.80 40.85 40.80 40.9 40.57 40.59 40.59 1.354 1.359 1.352 1.348 1.351 1.345 1.345 5.66% 5.66% 5.66% 5.66% 5.44% 5.44% 5.44% 62.15 63.17 62.55 64.86 64.94 66.27 65.65 668.10 672.53 663.50 658.10 662.70 661.63 659.00 4.68% 4.70% 4.70% 4.75% 4.80% 4.79% 4.83% 7.60 7.60 7.64 7.64 7.64 7.64 7.64 7.77 7.77 7.77 7.77 7.77 7.77 7.77 13965.86 13929.33 14127.31 14299.71 14303.41 14418.60 14410.28 4134.30 4120.30 4170.95 4219.55 4214.50 4260.90 4259.20

28-May 8.07% 8.06% 10.05% 10.13% 7.80% NA 9.65%

29-May 8.07% 8.06% 10.00% 10.03% 7.67% NA 9.00%

31-May 8.10% 8.07% 10.00% 9.94% 7.60% NA 9.05%

1-Jun 8.08% 8.00% 10.03% 9.94% 7.50% NA 9.00%

4-Jun 8.11% 8.09% 10.00% 9.95% 7.45% NA 8.80% 0.00-1.00 3,000 40.48 1.344 5.06% 65.08 669.25 4.95% 7.39% 7.80% 14570.75 4297.05

6-Jun 8.13% 7.99% 10.00% 9.90% 7.43% NA 8.50%

7-Jun 8.13% 8.02% 10.00% 9.90% 7.55% NA 8.55%

8-Jun 8.13% 8.03% 10.00% 9.90% 7.45% NA 8.55%

12-Jun 8.30% 8.15% 10.00% 9.90% 7.60% NA 8.55%

6.50-6.75 5.00-5.20 0.10-1.00 0.00-1.00 -5,010 3,000 3,000 3,000 40.53 40.45 40.72 40.51 1.345 1.343 1.343 1.345 5.27% 5.27% 5.27% 5.27% 65.20 65.20 63.49 64.01 655.70 655.00 656.30 662.53 4.86% 4.87% 4.87% 4.89% 7.64% 7.64% 7.39% 7.39% 7.80% 7.80% 7.80% 7.80% 14338.45 14397.89 14411.38 14544.46 4248.15 4256.55 4249.65 4295.80

0.00-0.50 0.00-0.50 0.00-0.50 0.00-3.50 3,000 3,000 3,000 3,000 40.57 40.63 40.97 40.77 1.352 1.350 1.339 1.336 5.06% 5.06% 4.86% 4.86% 65.61 65.96 66.93 65.97 671.38 669.70 657.53 654.15 4.99% 4.99% 5.16% 5.15% 7.39% 7.23% 7.23% 7.73% 7.80% 7.69% 7.69% 7.69% 14535.01 14255.93 14186.18 14083.47 4284.65 4198.25 4179.50 4145.60

13-Jun 8.38% 8.19% 10.05% 10.00% 7.70% NA 8.55%

14-Jun 8.44% 8.18% 10.05% 10.10% 7.75% NA 5.55%

15-Jun 8.34% 8.17% 10.05% 9.98% 7.70% NA 9.00%

18-Jun 8.21% 8.07% 10.05% 9.97% 7.65% NA 9.06%

19-Jun 8.22% 8.02% 10.00% 9.85% 7.60% NA 9.01%

20-Jun 8.21% 8.15% 10.00% 9.75% 7.55% NA 8.78%

21-Jun 8.25% 8.03% 10.00% 9.70% 7.65% NA 8.38%

22-Jun 8.23% 8.00% 10.15% 9.95% 7.40% NA 8.29%

3.00-3.50 3.00-3.10 3.00-3.25 3.00-3.25 1.00-1.50 1.00-1.50 0.20-0.50 0.20-0.50 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 40.85 40.84 40.98 40.73 40.71 40.84 40.76 40.7 1.330 1.330 1.332 1.338 1.340 1.342 1.339 1.339 4.86% 4.86% 4.86% 4.80% 4.80% 4.80% 4.80% 4.80% 65.35 66.26 67.65 68.00 67.59 69.10 68.86 68.56 646.80 650.03 651.85 656.78 655.30 659.95 654.80 651.50 5.28% 5.20% 5.23% 5.17% 5.13% 5.08% 5.14% 5.19% 7.73% 7.77% 7.77% 7.77% 7.77% 7.77% 7.19% 7.19% 7.69% 7.69% 7.69% 7.69% 7.69% 7.69% 7.65% 7.65% 14130.95 14003.03 NA 14162.71 14080.14 14295.50 14411.94 14499.24 4155.20 4113.05 NA 4171.45 4147.10 4214.30 4248.65 4267.40

28-Jun 8.23% 7.97%

NA

29-Jun 8.17% 7.95% 10.00% 9.65% 7.80% NA 8.68% 7.50-8.00 3,000 40.76 1.343 4.28% 69.57 646.60 5.10% 7.39% 7.65% 14504.57 4282.00

7.75-8.00 40.9 1.345 4.28%

11-Jul 7.90% 7.58% 9.70% 8.45% 7.00% NA 6.98% 8.02% 1.00-1.50 0.50-1.00 0.25-.0.50 0.25-.0.50 0.10-0.25 0.60-0.70 0.50-0.60 3,000 3,000 3,000 3,000 3,000 3,000 3,000 40.56 40.54 40.46 40.45 40.4 40.39 40.4 1.362 1.360 1.360 1.358 1.360 1.360 1.373 4.03% 4.03% 4.03% 4.03% 4.13% 4.13% 4.13% 71.09 71.41 71.40 71.81 72.81 72.19 72.81 656.75 654.25 654.60 649.95 654.30 658.90 664.05 5.00% 5.04% 5.07% 5.13% 5.19% 5.15% 5.01% 7.39% 7.39% 6.19% 6.19% 6.19% 6.19% 6.19% 7.65% 7.65% 7.17% 7.17% 7.17% 7.17% 7.17% 14664.26 14806.51 14880.24 14853.00 14964.42 15045.73 15009.88 4313.75 4357.55 4359.30 4354.00 4384.85 4419.40 4406.05

3-Jul 8.10% 7.84% 9.90% 9.35% 7.40% NA 8.56%

4-Jul 8.05% 7.83% 10.10% 9.20% 7.25% NA 8.11%

5-Jul 7.97% 7.60% 9.90% 8.80% 7.17% NA 7.25%

6-Jul 7.98% 7.62% 9.90% 8.60% 6.95% NA 7.25%

9-Jul 7.87% 7.58% 9.80% 8.45% 6.95% NA 7.28%

10-Jul 7.94% 7.58% 9.60% 8.30% 6.60% NA 7.03%

3M MIBOR 8.02

12-Jul 7.92% 7.58% 9.62% 8.45% 6.75% NA 6.91% 8.18% 0.40-0.50 3,000 40.37 1.374 4.13% 72.56 662.23 5.08% 5.12% 6.05% 14910.62 4387.15

13-Jul 16-Jul 17-Jul 18-Jul 19-Jul 20-Jul 23-Jul 7.92% 7.93% 7.87% 7.80% 7.81% 7.83% 7.71% 7.64% 7.64% 7.57% 7.44% 7.44% 7.45% 7.39% 9.55% 9.50% 9.35% 9.15% 9.05% 9.25% 9.20% 8.45% 8.40% 8.35% 8.15% 8.05% 8.28% 8.20% 6.50% 6.80% 6.70% 6.50% 6.45% 6.70% 6.70% NA NA NA NA NA NA NA 6.68% 6.60% 6.60% 6.59% 6.38% 6.36% 6.35% 8.20% 8.19% 8.06% 7.90% 7.56% 7.68% 7.51% 0.40-0.50 0.40-0.50 0.30-0.50 0.30-0.50 0.20-0.40 0.20-0.50 0.10-0.30 3,000 3,000 3,000 3,000 3,000 3,000 3,000 40.46 40.37 40.35 40.39 40.4 40.33 40.36 1.377 1.377 1.378 1.382 1.379 1.379 1.382 4.13% 4.27% 4.27% 4.27% 4.27% 4.27% 4.27% 72.50 73.93 74.15 74.02 75.05 76.07 75.79 666.00 667.65 665.23 667.30 671.80 675.90 683.10 5.13% 5.09% 5.05% 5.02% 5.05% 5.02% 4.93% 5.12% 5.12% 5.12% 5.12% 5.12% 5.12% 4.50% 6.05% 6.05% 6.05% 6.05% 6.05% 6.05% 6.58% 15092.05 15272.72 15311.22 15289.82 15301.17 15550.13 15565.55 4446.15 4504.55 4512.15 4496.75 4499.55 4562.10 4566.05

24-Jul 7.76% 7.40%

NA 6.10% 7.45% 0.10-0.30 3,000 40.25 1.382 4.27% 74.89 681.83 4.93% 4.50% 6.58% 15732.20 4619.35

31-Jul 1-Aug 2-Aug 3-Aug 7.76% 7.86% 7.91% 7.90% 7.42% 7.54% 7.54% 7.54% 8.95% 9.00% NA 9.15% 8.15% 8.40% NA 8.80% 6.35% 7.10% 7.10% 7.10% NA NA NA NA NA NA 6.10% 6.15% 6.38% 6.60% 7.03% 7.13% 7.69% 8.00% 7.59% 7.54% 7.91% 8.10% 0.25-0.35 0.20-0.30 0.15-0.25 0.15-0.25 0.10-0.25 2.00-2.50 3,000 3,000 3,000 3,000 3,000 3,000 40.29 40.3 40.45 40.52 40.4 40.36 1.381 1.370 1.370 1.365 1.364 1.370 4.27% 4.27% 4.41% 4.41% 4.41% 4.41% 73.56 75.88 76.83 78.21 76.55 76.86 680.40 675.65 666.00 662.80 663.65 666.05 4.91% 4.91% 4.79% 4.71% 4.75% 4.77% 4.50% 4.46% 4.46% 4.46% 4.46% 4.46% 6.58% 6.58% 6.58% 6.58% 6.58% 6.58% 15795.20 15699.33 15260.91 15550.59 14935.77 14985.70 4620.75 4588.70 4440.05 4528.85 4345.85 4356.35

25-Jul 7.77% 7.42%

26-Jul 7.82% 7.57%

6-Aug 7.86% 7.65% 9.05% 8.60% 7.10% NA 7.15% 8.21% 6.00-6.05 3,000 40.46 1.381 4.36% 75.48 672.65 4.68% 4.46% 6.58% 15138.40 4401.55

7-Aug 7.82% 7.53% 9.10% 8.50% 7.05% NA 7.36% 8.02% 6.05-6.15 52,070 40.37 1.381 4.36% 72.06 670.43 4.73% 4.46% 6.58% 14903.03 4339.50

8-Aug 7.90% 7.53% 9.05% 8.50% 6.95% NA 7.25% 8.02% 6.00-6.25 41,605 40.58 1.374 4.36% 74.42 671.00 4.80% 4.46% 6.58% 14932.77 4356.35

9-Aug 13-Aug 7.94% 7.95% 7.53% 7.89% 9.25% 9.45% 8.75% 9.10% 6.90% 7.35% NA NA 7.35% 7.65% 8.22% 8.05% 6.10-6.15 6.15-6.25 36,425 19,625 40.42 40.56 1.379 1.369 4.36% 4.45% 72.15 71.47 673.50 670.00 4.85% 4.78% 6.56% 6.56% 6.58% 6.58% 15307.98 14868.25 4462.10 4333.35

14-Aug 7.97% 7.89% 9.40% 9.10% 7.50% NA 7.63% 8.10% 6.10-6.15 25,325 40.67 1.361 4.45% 71.62 668.20 4.76% 6.56% 6.58% 15017.21 4373.65

16-Aug 22-Aug 23-Aug 27-Aug 29-Aug 30-Aug 8.03% 7.93% 7.90% 7.91% 7.94% 7.96% 7.89% 7.91% 7.88% 7.87% 7.85% 7.85% 9.65% 9.55% 9.60% 9.60% 9.70% 9.70% 9.25% 9.35% 9.35% 9.37% 9.52% 9.53% 7.55% 7.55% 7.39% 7.50% 7.55% 7.52% NA NA NA NA NA NA 7.54% 8.15% 8.15% 8.40% 8.43% 8.50% 7.97% 8.24% 7.99% 8.35% 8.33% 8.41% 6.15-6.20 6.10-6.20 6.15-6.25 6.25-6.30 6.00-6.10 6.05-6.10 29,450 10,190 13,885 12,325 25,355 29,280 41.10 41.03 40.81 40.91 41.25 41.06 1.342 1.347 1.355 1.366 1.359 1.365 4.45% 4.05% 4.05% 4.10% 4.10% 4.10% 73.20 69.57 69.26 71.09 71.73 73.51 665.40 655.20 661.70 667.93 663.28 665.45 4.69% 4.61% 4.68% 4.62% 4.50% 4.53% 6.73% 6.73% 6.81% 6.81% 6.81% 7.10% 7.49% 7.49% 7.49% 7.49% 7.49% 7.52% 15000.91 13989.11 14248.66 14424.87 14842.38 14993.04 4370.20 4074.90 4153.15 4190.15 4302.60 4359.30

31-Aug 7.92% 7.78% 9.68% 9.50% 7.38% NA 8.50% 8.42% 6.00-6.05 37,670 41.05 1.365 4.10% 73.36 666.50 4.55% 7.10% 7.52% 15121.74 4412.30

4-Sep 6-Sep 7-Sep 10-Sep 7.90% 7.91% 7.91% 7.85% 7.75% 7.75% 7.75% 7.68% 9.65% 9.70% 9.70% 9.68% 9.30% 9.31% 9.40% 9.35% 7.28% 7.35% 7.35% 7.32% NA NA NA. NA 8.39% 8.40% 8.38% 8.28% 8.27% 8.32% 8.21% 8.38% 6.00-6.10 6.05-6.10 6.00-6.05 6.00-6.10 32,570 30,400 39,175 35,090 40.90 40.86 40.72 40.65 1.361 1.364 1.366 1.378 3.94% 3.94% 3.94% 3.79% 74.04 75.73 76.30 76.70 673.70 683.03 693.40 700.20 4.52% 4.49% 4.50% 4.36% 7.10% 7.06% 7.06% 7.06% 7.52% 7.52% 7.52% 7.52% 15422.05 15446.15 15616.31 15590.42 4474.70 4475.85 4518.60 4509.50

11-Sep 7.88% 7.69% 9.60% 9.00% 7.30% NA 8.18% 8.35% 6.00-6.10 27,940 40.55 1.379 3.79% 77.49 703.00 4.33% 7.06% 7.52% 15596.83 4507.85

12-Sep 7.89% 7.69% 9.68% 9.10% 7.37% NA 8.15% 8.25% 6.00-6.10 23,320 40.49 1.386 3.79% 78.23 712.20 4.34% 7.06% 7.52% 15542.77 4497.05

13-Sep 7.91% 7.69% 9.70% 9.15% 7.47% NA 8.21% 8.27% 6.05-6.10 14,255 40.43 1.389 3.79% 79.91 709.90 4.40% 7.10% 7.47% 15505.36 4496.85

14-Sep 7.88% 7.69% 9.73% 9.15% 7.40% NA 8.25% 8.17% 6.75-7.00 24,380 40.435 1.386 3.79% 80.09 706.10 4.47% 7.10% 7.47% 15614.44 4528.95

17-Sep 7.88% 7.69% 9.73% 9.10% 7.39% NA 8.25% 8.24% 6.25-6.40 15,710 40.46 1.387 3.52% 79.10 710.50 4.46% 7.10% 7.47% 15603.80 4518.00

21-Sep 24-Sep 26-Sep 7.85% 7.88% 7.91% 7.69% 7.69% 7.69% 9.55% 9.55% 9.60% 8.80% 8.90% 9.05% 7.25% 7.30% 7.37% NA NA NA 7.95% 8.05% 8.13% 8.30% 8.42% 8.31% 7.00-7.50 7.25-7.50 6.10-6.20 7,200 -1,200 26,180 39.87 39.82 39.7 1.408 1.410 1.413 3.52% 3.32% 3.32% 81.78 80.60 79.53 736.30 734.40 732.40 4.67% 4.62% 4.61% 6.98% 6.98% 6.98% 7.47% 7.47% 7.47% 16347.95 16564.23 16899.54 4747.55 4837.55 4938.55

27-Sep 7.91% 7.80% 9.58% 9.00% 7.50% NA 8.15% 8.42% 6.00-6.50 22,765 39.635 1.414 3.32% 80.30 728.50 4.63% 7.19% 7.50% 16921.39 4940.50

28-Sep 1-Oct 4-Oct 5-Oct 7.92% 7.92% 7.90% 7.92% 7.80% 7.80% 7.80% 7.80% 9.63% 9.50% 9.45% 9.40% 8.99% 8.95% 8.65% 8.50% 7.44% 7.44% 7.38% 7.42% NA NA NA NA 8.10% 8.30% 7.85% 7.55% 8.45% 8.45% 8.14% 8.09% 7.50-8.00 6.05-6.10 6.00-6.10 6.05-6.10 28,180 9,735/ 3,665 53,520 57,480 39.73 39.74 39.57 39.48 1.416 1.426 1.409 1.413 3.32% 3.23% 3.23% 3.23% 82.86 81.66 79.97 81.44 737.00 744.80 723.85 736.45 4.58% 4.57% 4.55% 4.52% 7.19% 7.19% 7.14% 7.14% 7.50% 7.50% 7.50% 7.50% 17150.56 17291.10 17847.04 17777.14 5000.55 5021.35 5210.80 5208.65

8-Oct 7.94% 7.80% 9.40% 8.45% 7.42% NA 7.65% 8.02% 6.00-6.05 54,370 39.43 1.413 3.42% 81.22 740.75 4.63% 7.14% 7.50% 17773.36 3185.85

10-Oct 7.92% 7.80% 9.45% 8.50% 7.25% NA 7.63% 7.97% 6.00-6.10 69,620 39.34 1.411 3.42% 80.26 740.38 4.65% 7.14% 7.50% 18280.24 5327.25

15-Oct 16-Oct 17-Oct 22-Oct 23-Oct 24-Oct 25-Oct 7.92% 7.91% 7.93% 7.90% 7.86% 7.85% 7.85% 7.80% 7.80% 7.80% 7.80% 7.79% 7.74% 7.74% 9.45% 9.42% 9.42% 9.35% 9.30% 9.20% 9.10% 8.35% 8.32% 8.35% 8.35% 8.25% 8.25% 8.30% 7.30% 7.27% 7.35% 7.27% 7.25% 7.25% 7.36% NA NA NA NA NA NA NA 7.40% 7.43% 7.45% 7.45% 7.49% 7.45% 7.45% 7.75% 7.93% 7.77% 7.69% 7.81% 7.77% 7.79% 6.00-6.05 6.00-6.05 6.10-6.15 6.00-605 6.00-6.05 6.00-6.10 6.00-6.10 36,545 46,710 34,215 31,950 36,730 30,130 32,260 39.31 39.32 39.81 39.81 39.68 39.58 39.56 1.417 1.419 1.417 1.432 1.420 1.425 1.426 3.26% 3.26% 3.26% 3.07% 3.07% 3.07% 3.07% 83.69 86.13 87.61 88.60 87.56 85.27 87.10 754.55 760.43 757.30 760.85 756.60 757.60 763.95 4.69% 4.68% 4.63% 4.38% 4.42% 4.38% 4.32% 6.98% 6.98% 6.98% 7.10% 7.10% 7.10% 7.02% 7.37% 7.37% 7.37% 7.37% 7.37% 7.37% 7.36% 18419.04 19058.67 19051.86 17559.98 17613.99 18492.84 18521.91 5428.25 5670.40 5668.05 5215.30 5184.00 5473.70 5469.15

1-Nov 7.88% 7.80% 9.20% 8.60% 7.35% na 7.79% 7.90% 6.00-6.10 5,015 39.3 1.447 3.07% 94.50 796.70 4.50% 7.31% 7.36% 19837.99 5900.65

6-Nov 7.89% 7.80% 9.28% 8.65% 7.37% NA 7.96% 8.09% 6.00-6.05 7,195 39.29 1.449 3.02% 93.98 808.75 4.34% 7.31% 7.36% 19590.78 5847.30

13-Nov 7.91% 7.87% 9.35% 8.75% 7.67% NA 8.29% 8.01% 8.00-8.05 5/ 9100 39.37 1.457 2.97% 94.62 805.25 4.21% 7.31% 7.76% 18737.27 5617.10

14-Nov 16-Nov 7.89% 7.88% 7.87% 7.87% 9.30% 9.30% 8.75% 8.80% 7.67% 7.70% NA NA 8.49% 8.40% 8.32% 8.23% 7.50-7.70 8.00-8.10 -21010 -21580 39.33 39.36 1.465 1.461 2.97% 2.97% 91.17 93.43 804.60 786.80 4.28% 4.15% 7.31% 7.52% 7.76% 7.76% 19035.48 19784.49 5695.40 5912.10

22-Nov 7.90% 7.87% 9.35% 8.98% 7.70% NA 8.80% 8.46% 6.70-6.80 -32735 39.41 1.486 3.11% 97.29 803.90 4.00% 7.52% 7.75% 18602.62 5561.05

29-Nov 30-Nov 7.92% 7.92% 7.87% 7.81% 9.28% 9.32% 9.03% 9.03% 7.70% 7.70% NA NA 8.56% 8.71% 8.42% 8.43% 7.60-7.75 7.75-7.80 8245 -3875 39.71 39.7 1.482 1.473 3.01% 3.01% 90.62 91.00 804.45 796.51. 4.05% 3.93% 7.52% 7.52% 7.75% 7.75% 18938.87 18965.71 5617.55 5638.80

7-Dec 7.89% 7.81% 9.23% 9.08% 7.68% NA 8.66% 8.58% 6.25-6.50 15 39.43 1.461 3.21% 90.23 798.83 4.01% 7.52% 7.71% 19795.87 5954.70

12-Dec 7.89% 7.82% 9.22% 9.15% 7.68% NA 8.70% 8.70% 7.75-7.80 10 39.38 1.465 3.01% 90.02 802.05 3.99% 7.52% 7.71% 20293.90 6097.25

MARKET POINTERS

1-Jan 2-Jan 3-Jan 4-Jan 7-Jan 8-Jan 9-Jan 10Y Gsec (8.24%) 7.78% 7.77% 7.77 7.79% 7.67% 7.66% 7.68% 5Y Gsec (7.27%) 7.72% 7.68% 7.65 7.68% 7.60% 7.56% 7.56% 5Y AAA 9.15% 9.07% 8.98% 9.00% 9.02% 9.00% 8.99% 1Y AAA 9.10% 8.95% 8.80% 8.70% 8.65% 8.65% 8.68% 1Y TB 7.62% 7.60% 7.38% 7.38% 7.35% 7.30% 7.30% 91D TB NA NA NA NA NA NA NA 3M CP 8.70% 8.68% 8.6 8.56% 8.50% 8.30% 8.30% 3M MIBOR 8.70% 8.70% 8.57% 8.49% 8.47% 8.45% 8.40% Call Rate (%) 7.00-7.20 6.25 6.05-6.10 6.00-6.10 6.05-6.10 6.05-6.10 6.00-6.10 R.Repo / Repo (Rs.Cr.) 3705/ 7350 -2050 7185 / 100 40630 32275 12,215 4,560 INR/$ 39.38 39.41 39.45 39.32 39.27 39.27 39.285 Euro/$ 1.459 1.463 1.471 1.473 1.473 1.469 1.472 Inflation (%) 3.57% 3.57% 3.57% 3.57% 3.50% 3.50% 3.50% Oil (NYMEX) ($) 95.98 95.98 99.62 99.18 97.91 95.09 96.33 Gold ($/Oz) 833.40 836.05 856.16 864.05 856.20 862.15 888.50 10Y UST 4.02% 4.02% 3.91% 3.89% 3.88% 3.85% 3.81% Last 91D Tbill Cut-off 7.35% 7.35% 7.02% 7.02% 7.02% 7.02% 7.02% Last 364D Tbill Cut-off 7.66% 7.68% 7.39% 7.39% 7.39% 7.39% 7.39% Sensex (Prev close) 20206.95 20300.71 20465.3 20345.2 20686.89 20812.65 20873 Nifty (Prev close) 6138.60 6141.00 6179.40 6179.55 6274.30 6279.10 6287.00
Source: News wire Note: Repo figs are of Previous day

Disclaimer: The preparation of the material contained in this document, Kotak Mahindra Group (Kotak), has used information that is publicly available, including information developed inhouse. Some of the material used in the document may have been obtained from members/persons other than the Kotak and/or its affiliates and which may have been made available to Kotak and/or its affiliates. Information gathered & material used in this document is believed to be from reliable sources. Kotak however does not warrant the accuracy, reasonableness and/or completeness of any information. For data reference to any third party in this material, no such party will assume any liability for the same. Kotak and/or any affiliate of Kotak does not in any way through this material solicit any offer for purchase, sale or any financial transaction/commodities/products of any financial instrument dealt in this material. All recipients of this material should before dealing and or transacting in any of the products referred to in this material make their own investigation, seek appropriate professional advice.
We have included

11-Jan 7.57% 7.53% 8.85% 8.70% 7.30% NA 8.53% 8.45% 6.00-6.10 11,660 39.28 1.481 3.50% 93.71 893.50 3.83% 7.02% 7.39% 20582.08 6156.95

14-Jan 7.58% 7.53% 8.95% 8.70% 7.30% NA 8.53% 8.48% 6.05-6.10 19,925 39.27 1.482 3.50% 92.90 895.64 3.79% 7.02% 7.39% 20827.45 6200.10

15-Jan 7.54% 7.50% 8.93% 8.65% 7.30% NA 8.55% 8.47% 6.10-6.15 10,615 39.26 1.487 3.50% 94.20 907.50 3.76% 7.02% 7.39% 20728.05 6206.80

16-Jan 7.56% 7.48% 8.96% 8.70% 7.30% NA 8.55% 8.35% 6.00-6.05 24,595 39.26 1.485 3.50% 91.90 891.75 3.65% 7.02% 7.39% 20251.09 6074.25

17-Jan 7.58% 7.53% 9.00% 8.80% 7.38% NA 8.60% 8.51% 6.00-6.05 28,550 39.31 1.464 3.50% 90.84 879.30 3.71% 7.10% 7.39% 19868.11 5935.75

18-Jan 21-Jan 22-Jan 7.54% 7.59% 7.54% 7.50% 7.54% 7.49% 9.05% 9.00% 9.00% 8.85% 8.95% 8.92% 7.38% 7.38% 7.38% NA NA NA 8.63% 8.60% 8.73% 8.34% 8.33% 8.30% 6.10-6.15 7.40-7.50% 6.00-6.10% 39,725 17,320 595/-2000 39.29 39.36 39.69 1.464 1.453 1.443 3.50% 3.79% 3.79% 90.13 89.92 89.92 874.95 882.10 858.43 3.64% 6.63% 3.53% 7.10% 7.10% 7.10% 7.39% 7.39% 7.39% 19700.82 19013.7 17605.35 5913.20 5705.30 5208.80

23-Jan

24-Jan

25-Jan

28-Jan

29-Jan

30-Jan 7.53% 7.51% 9.00% 9.09% 7.40% NA 9.20% 8.39% 6.85% 24,795 39.43 1.477 3.83% 92.14 921.59 3.65% 7.10% 7.39%

31-Jan

28-Feb 7.66% 7.55% 9.33% 9.70% 7.49% 7.37% 10.30% 9.55% 7.80% -14,500 39.78 1.511 4.35% 99.61 955.74 3.82% 7.44% 7.55% 17825.99 5268.40

29-Feb 7.66% 7.54% 9.35% 9.70% 7.45% 7.35% 10.25% 9.64% 6.40% -3,930 39.85 1.517 4.35% 102.70 972.12 3.64% 7.44% 7.55% 17824.48 5285.10

4-Mar 7.56% 7.50% 9.25% 9.90% 7.41% 7.26% 10.25% 9.73% 6.75% 2,500 40.25 1.519 4.89% 102.33 981.25 3.56% 7.44% 7.55% 16677.88 4953.00

5-Mar 7.56% 7.52% 9.30% 9.80% 7.42% 7.28% 10.25% 9.66% 6.10% 2,515 40.29 1.518 4.89% 99.67 964.00 3.59% 7.44% 7.55% 16339.89 4864.25

7-Mar 7.57% 7.56% 9.40% 9.95% 7.42% 7.26% 10.25% 9.66% 6.25% 5,500 40.46 1.538 4.89% 105.45 981.90 3.55% 7.39% 7.55% 16542.08 4921.40

10-Mar 7.60% 7.57% 9.35% 10.05% 7.45% 7.30% 10.50% 9.05% 6.15% 8,045 40.67 1.537 5.02% 105.23 975.50 3.50% 7.39% 7.55% 15975.52 4771.60

11-Mar 7.62% 7.59% 9.35% 10.25% 7.42% 7.30% 10.70% 9.88% 6.00% 31,985 40.49 1.536 5.02% 107.67 972.70 3.47% 7.39% 7.55% 15923.72 4800.42

12-Mar 7.58% 7.54% 9.35% 10.15% 7.42% 7.30% 10.65% 10.15% 6.00% 34,805 40.34 1.536 5.02% 108.77 974.10 3.57% 7.39% 7.55% 16123.15 4865.90

13-Mar 7.56% 7.52% 9.35% 10.05% 7.48% 7.32% 10.68% 10.15% 6.00% 28,165 40.55 1.556 5.02% 109.70 984.08 3.42% 7.39% 7.44% 16127.98 4872.00

14-Mar 7.58% 7.52% 9.35% 10.05% 7.45% 7.29% 10.60% 10.25% 6.20 30,335 40.51 1.561 5.02% 109.64 995.84 3.47% 7.39% 7.44% 15357.35 4623.60

17-Mar 18-Mar 19-Mar 24-Mar 25-Mar 26-Mar 7.64% 7.59% 7.60% 7.70% 7.76% 7.71% 7.56% 7.53% 7.53% 7.63% 7.68% 7.62% 9.35% 9.35% 9.33% 9.38% 9.35% 9.39% 9.80% 9.80% 9.80% 9.85% 9.80% 9.80% 7.45% 7.48% 7.40% 7.43% 7.42% 7.42% 7.31% 7.35% 7.25% 7.30% 7.30% 7.32% 10.63% 10.54% 10.50% 10.63% 10.75% 10.75% 10.33% 9.82% 10.12% 10.02% 9.97% 9.95% 8.25-8.50 7.8 8.25 8.00-8.25 7.60-7.70 7.80-7.90 6,325 -36,345 -24,080 -43,925 -26,785 -2,395 40.7 40.65 40.42 40.39 40.155 40.15 1.584 1.576 1.569 1.536 1.555 1.561 5.11% 5.11% 5.11% 5.92% 5.92% 5.92% 111.08 105.97 107.23 100.11 100.37 101.75 1027.00 1001.02 989.90 908.63 924.40 940.48 3.34% 3.32% 3.43% 3.36% 3.50% 3.50% 7.39% 7.39% 7.39% 7.31% 7.31% 7.31% 7.44% 7.44% 7.44% 7.44% 7.44% 7.44% 15761 14809.49 14833.46 14994.83 15289.40 16217.49 4746 4503.10 4533.00 4573.95 4609.85 4877.50

27-Mar 7.75% 7.61% 9.39% 9.80% 7.35% 7.25% 10.75% 10.07% 7.5 8,025 40.16 1.580 5.92% 106.44 952.27 3.47% 7.23% 7.35% 16086.83 4828.85

31-Mar 2-Apr 7.92% 7.94% 7.77% 7.78% 9.40% NA 9.45% NA 7.30% 7.30% 7.10% 7.15% 10.65% 10.02% 9.58% 9.82% 9.00-9.25 7.35 20,585 NA 39.87 39.987 1.579 1.558 6.68% 6.68% 104.92 101.44 933.05 886.08 3.44% 3.55% 7.23% 7.23% 7.35% 7.35% 16371.29 15626.62 4942.00 4739.55

3-Apr 7.89% 7.76% 9.45% 9.25% 7.35% 7.10% 9.55% 9.66% 6.25-6.50 -400 39.96 1.563 6.68% 104.69 903.10 3.59% 6.94% 7.35% 15750.40 4754.20

4-Apr 7.88% 7.74% 9.40% 9.00% 7.23% 6.91% 8.40% 8.94% 6.00-6.10 19,845 40.02 1.566 6.68% 104.33 901.49 3.58% 6.94% 7.35% 15832.55 4771.60

7-Apr 8-Apr 9-Apr 10-Apr 11-Apr 15-Apr 16-Apr 7.99% 7.96% 7.92% 7.95% 8.02% 8.02% 8.06% 9.89% 7.74% 7.83% 7.88% 8.01% NA 8.00% 9.40% 9.35% 9.40% 9.35% 9.45% 9.55% 9.50% 9.00% 9.00% 9.10% 9.00% 9.10% 9.15% 9.15% 7.23% 7.33% 7.33% 7.33% 7.30% 7.40% 7.40% 6.85% 7.02% 6.98% 6.93% 7.15% 7.20% 7.17% 8.32% 8.25% 8.25% 8.27% 8.31% 8.55% 8.55% 8.40% 8.68% 8.70% 8.71% 8.63% 8.61% 8.62% 6.00-6.25 4.75 4.75-5.25 6.00 6.00 6 6.15 37,950 63,155 79,005 73,350 60,490 37,370 21,735 39.94 40.02 40.01 39.95 39.92 39.96 39.96 1.566 1.574 1.570 1.584 1.576 1.581 1.580 7.00% 7.00% 7.00% 7.00% 7.00% 7.41% 7.41% 106.50 108.86 108.75 110.99 109.64 112.39 113.63 913.93 920.14 911.80 932.40 923.20 926.76 926.12 3.51% 3.52% 3.54% 3.47% 3.54% 3.50% 3.58% 6.94% 6.94% 6.94% 7.23% 7.23% 7.23% 7.23% 7.35% 7.35% 7.35% 7.37% 7.37% 7.37% 7.37% 15343.12 15757.08 15587.62 15790.51 15695.10 15807.64 16153.66 4647.00 4761.20 4709.65 4747.05 4733.00 4777.80 4879.65

18-Apr 21-Apr 22-Apr 23-Apr 24-Apr 25-Apr 30-Apr 8.11% 8.20% 8.24% 8.17% 8.16% 8.16% 7.91% 8.07% 8.07% 8.11% 8.10% 8.10% 8.13% 7.91% 9.56% NA 9.65% 9.63% 9.63% 9.63% 9.53% 9.30% NA 9.51% 9.55% 9.58% 9.44% 9.21% 7.48% 7.48% 7.58% 7.50% 7.60% 7.58% 7.42% 7.02% 7.20% 7.40% 7.31% 7.38% 7.37% 7.20% 8.65% 8.65% 8.75% 8.60% 8.80% 8.85% 8.96% 8.54% 8.69% 8.65% 8.64% 8.68% 8.65% 8.72% 6.3 6.20-6.30 6.00-6.10 6.10-6.20 6.00-6.20 6 6.15-6.40 7,045 NA 17,995 39,705 17,130 27,470 5,250 39.91 39.88 39.94 39.95 40.09 40.175 40.41 1.590 1.582 1.590 1.599 1.585 1.568 1.557 7.14% 7.14% 7.14% 7.14% 7.14% 7.14% 7.33% 115.09 116.71 116.65 118.16 118.05 115.75 115.55 943.11 917.50 917.88 919.75 904.60 889.96 871.60 3.72% 3.75% 3.71% 3.71% 3.74% 3.86% 3.82% 7.44% 7.44% 7.44% 7.44% 7.44% 7.44% 7.44% 7.37% 7.37% 7.37% 7.37% 7.69% 7.69% 7.69% 16481.20 16481.20 16739.33 16783.87 16698.04 16721.08 17378.46 4958.40 4958.40 5037.00 5049.30 5022.80 4999.85 5195.50

2-May 7.87% 7.90% 9.50% 9.15% 7.50% 7.24% 7.90% 8.77% 6.00-6.10 4,270 40.63 1.546 7.33% 111.97 851.70 3.77% 7.35% 7.69% 17287.31 5165.90

5-May 7.85% 7.90% 9.37% 9.03% 7.50% 7.25% 8.05% 8.72% 6.1 20,250 40.57 1.545 7.57% 116.41 862.86 3.86% 7.35% 7.69% 17600.12 5228.20

6-May 8-May 9-May 12-May 13-May 15-May 7.80% 7.87% 7.84% 7.86% 7.77% 7.84% 7.81% 7.90% 7.88% 7.91% 7.82% 7.87% 9.35% 9.38% 9.41% 9.43% 9.47% 9.44% 9.00% 9.08% 9.08% 9.04% 8.91% 9.05% 7.45% 7.45% 7.50% 7.47% NA 7.51% 7.22% 7.27% 7.18% 7.27% 7.26% 7.27% 8.20% 8.12% 8.11% 8.02% 8.20% 8.25% 8.53% 8.57% 8.57% 8.53% 8.53% 8.65% 6 5.75 6 6.30-6.40 6.25-6.50 7.25 33,065 49,505 46,625 23,050 4,270 2,405 40.675 41.645 41.69 41.62 42.18 42.36 1.552 1.533 1.540 1.541 1.552 1.548 7.57% 7.57% 7.57% 7.61% 7.61% 7.61% 119.89 123.37 124.30 125.61 123.49 123.65 873.02 867.58 881.00 883.70 878.52 865.20 3.87% 3.87% 3.85% NA 3.80% 3.92% 7.35% 7.35% 7.35% 7.31% 7.31% 7.39% 7.69% 7.69% 7.69% 7.55% 7.55% 7.55% 17490.90 17339.31 17080.65 16737.01 16860.90 16978.35 5192.25 5135.50 5081.70 4982.60 5012.65 5011.75

16-May 7.86% 7.90% 9.46% 9.19% 7.62% 7.33% 8.60% 8.71% 7.75-8.00 1,455 42.62 1.547 7.61% 124.83 881.24 3.83% 7.39% 7.55% 17353.54 5115.25

20-May 21-May 7.93% 7.97% 7.92% 7.92% 9.46% 9.50% 9.20% 9.25% 7.66% 7.63% 7.34% 7.38% 8.75% 8.73% 8.74% 8.69% 6.25-6.40 6.05 -19,640 23,175 42.73 42.75 1.551 1.566 7.83% 7.83% 127.28 128.50 904.70 920.64 3.82% 3.77% 7.39% 7.39% 7.55% 7.55% 17434.94 17230.18 5157.70 5104.95

22-May 23-May 8.03% 8.03% 8.04% 8.04% 9.50% 9.56% 9.27% 9.27% 7.65% 7.65% 7.39% 7.42% 8.75% 8.77% 8.82% 8.84% 6.00-6.05 6 27,095 36,205 43.15 42.88 1.576 1.573 7.83% 7.83% 128.50 130.80 930.50 918.62 NA 3.81% 7.48% 7.48% 7.66% 7.66% 17243.16 16907.11 5117.65 5025.45

26-May 8.07% 8.09% 9.53% 9.32% 7.62% 7.41% 8.80% 8.88% 7.25 29,610 42.62 1.576 7.82% 131.55 926.54 NA 7.48% 7.66% 16649.64 4946.55

27-May 28-May 8.04% 8.09% 8.01% 8.10% 9.54% 9.54% 9.26% 9.28% 7.63% 7.63% 7.44% 7.44% 8.82% 8.82% 8.83% 8.87% 7.3 7.5 5,000 13,000 42.85 42.84 1.579 1.570 7.82% 7.82% 131.55 128.75 928.60 907.50 NA NA 7.48% 7.48% 7.66% 7.66% 16348.50 16275.59 4875.05 4859.80

29-May 8.09% 8.08% 9.58% 9.45% 7.63% 7.45% 8.78% 8.82% 7.50-8.00 -30 42.74 1.563 7.82% 130.98 900.90 NA 7.48% 7.66% 16525.37 4918.35

30-May 2-Jun 3-Jun 8.05% 8.07% 8.09% 8.04% 8.07% 8.08% 9.61% 9.60% 9.64% 9.35% 9.34% 9.35% 7.63% 7.63% 7.58% 7.44% 7.43% 7.39% 9.00% 9.00% 8.95% 8.84% 8.87% 8.75% 7.50-8.00 7.60-7.70 6.00-6.10 -20,790 -9,600 2,300 42.59 42.23 42.52 1.552 1.554 1.553 7.82% 8.10% 8.10% 126.50 127.38 127.70 877.50 883.70 891.62 NA 4.05% 3.95% 7.48% 7.48% 7.48% 7.66% 7.66% 7.66% 16316.26 16415.57 16063.18 4835.30 4870.10 4739.60

4-Jun 5-Jun 6-Jun 8.12% 8.16% 8.23% 8.09% 8.14% 8.22% 9.63% 9.73% 9.70% 9.36% 9.35% 9.40% 7.58% 7.60% 7.65% 7.38% 7.43% 7.50% 9.00% 8.90% 8.95% 8.88% 8.81% 8.85% 6.0-6.10 6.00 6.00-6.10 27,955 29,095 23,395 42.54 42.89 42.77 1.545 1.539 1.557 8.10% 8.10% 8.10% 124.50 122.20 127.95 880.90 875.75 877.95 NA 3.97% 4.04% 7.48% 7.56% 7.56% 7.66% 7.61% 7.61% 15962.56 15514.79 15769.72 4715.90 4585.60 4676.95

9-Jun 8.30% 8.29% 9.74% 9.41% 7.58% 7.45% 9.00% 8.78% 7.5 22,025 42.91 1.557 8.24% 138.75 900.55 3.92% 7.56% 7.61% 15572.18 4627.80

10-Jun 8.27% 8.24% 9.76% 9.49% 7.67% 7.52% 9.05% 8.88% 7.75 Nil 42.89 1.559 8.24% 134.35 890.43 4.06% 7.56% 7.61% 15066.10 4500.95

11-Jun 8.28% 8.24% 9.76% 9.49% 7.67% 7.53% 9.13% 8.89% 7.90 -22,330 42.92 1.545 8.24% 131.25 869.34 NA 7.56% 7.61% 14889.25 4449.80

12-Jun 13-Jun 8.36% 8.36% 8.34% 8.35% 9.75% 9.77% 9.58% 9.60% 7.72% 7.87% 7.55% 7.70% 9.15% 9.30% 8.91% 9.06% 8.20 8.25 -5,695 -20,030 42.81 42.88 1.546 1.543 8.24% 8.24% 136.35 136.96 873.58 870.88 4.08% NA 7.69% 7.69% 7.61% 7.61% 15185.32 15250.20 4523.60 4539.35

16-Jun 8.36% 8.39% NA NA 8.05% 7.85% 9.35% 9.25% 8.00-8.10 -12,290 42.89 1.539 8.75% 134.40 872.64 4.24% 7.69% 7.61% 15189.62 4517.10

* RBI hikes repo rate to 8.00% from 7.75%
* Other rates unchanged.

17-Jun 18-Jun 19-Jun 23-Jun 24-Jun 25-Jun 8.33% 8.34% 8.40% 8.74% 8.56% 8.75% 8.34% 8.34% 8.38% 8.72% 8.72% 9.11% 9.93% 9.85% 9.87% 10.19% 10.30% 10.30% 9.80% 9.58% 9.70% 9.93% 9.95% 9.98% 8.05% 8.05% 8.13% 8.25% 8.64% 8.62% 7.82% 7.85% 7.95% 8.10% 8.34% 8.33% 9.45% 9.40% 9.42% 9.40% 9.77% 9.82% 9.17% 9.25% 9.21% 9.44% 9.42% 9.41% 8.00 8.00 8.00 8.10 8.25 9.00-9.25 NA NA -6,270 -5,000 -32,251 -38,730 42.92 42.89 42.93 42.96 42.925 42.87 1.553 1.547 1.556 1.560 1.551 1.557 8.75% 8.75% 8.75% 11.05% 11.05% 11.05% 134.55 133.42 136.69 134.70 136.40 136.85 883.46 881.90 893.70 906.05 886.56 888.35 NA 4.21% 4.20% 4.15% NA NA 7.69% 7.69% 8.06% 8.06% 8.06% 8.06% 7.61% 7.61% 8.25% 8.25% 8.25% 8.25% 15395.82 15696.90 15422.31 14571.29 14293.32 14106.58 4572.50 4653.00 4582.41 4347.55 4266.40 4191.10

26-Jun 8.58% 9.11% NA NA 9.00% 8.81% 10.57% 9.79% 8.50 -46,990 42.69 1.567 11.05% 132.70 887.48 NA 8.73% 8.25% 14220.07 4252.65

3-Jul 8.85% 9.30% 10.78% 10.73% 9.21% 8.81% 10.61% 9.89% 6.25 -1,025 43.28 1.587 11.42% 143.25 943.13 NA 8.81% 9.17% 13664.62 4093.35

* RBI hikes Repo rate by 50 bps to 8.50%
* RBI hikes CRR rate by 50bps to 8.75%

4-Jul 7-Jul 8.99% 9.12% 9.15% 9.30% 10.78% 10.77% 10.71% 10.54% 9.02% 9.05% 8.80% 8.68% 10.63% 10.60% 9.79% 9.62% 5 8.90-9.00 12,965 11,700 43.2 43.1 1.572 1.563 11.63% 11.63% 145.03 145.03 934.55 924.50 NA 3.96% 8.81% 8.81% 9.17% 9.17% 13094.11 13454.00 3925.75 4016.00

8-Jul 9.24% 9.30% 10.69% 10.72% 9.10% 8.79% 10.50% 9.78% 9 -31,490 43.35 1.570 11.63% 141.90 926.80 NA 8.81% 9.17% 13525.99 4030.00

9-Jul 9.29% 9.31% 10.79% 10.70% 9.15% 8.90% 10.48% 10.00% 8.20 -28,735 43.15 1.570 11.63% 136.70 922.54 3.88% 8.81% 9.17% 13349.65 3988.55

10-Jul 9.29% 9.35% 10.71% 10.70% 9.25% 9.01% 10.52% 9.91% 9.1 -39,755 43.18 1.572 11.63% 136.40 929.21 3.88% 9.02% 9.34% 13964.26 4157.10

11-Jul 9.47% 9.43% 10.74% 10.71% 9.32% 9.00% 10.50% 9.91% 9.00-9.20 -42,330 42.9 1.576 11.63% 137.40 942.20 3.83% 9.02% 9.34% 13926.24 4162.20

14-Jul 9.39% 9.52% 10.81% 10.75% 9.33% 8.78% 10.51% 10.06% 8.75-9.00 -45,295 42.84 1.590 11.89% 144.15 965.19 4.00% 9.02% 9.34% 13469.85 4049.00

15-Jul 9.39% 9.65% 10.80% 10.75% 9.25% 9.00% 10.43% 10.07% 8.95 -27,365 43.12 1.593 11.89% 144.10 972.11 3.85% 9.02% 9.34% 13330.51 4039.70

16-Jul 9.40% 9.73% 10.81% 10.78% 9.23% 8.98% 10.50% 10.18% 8.9 -43,825 43.14 1.589 11.89% 138.65 971.05 3.82% 9.02% 9.34% 12676.19 3861.10

17-Jul 9.30% 9.59% 10.83% 10.78% 9.36% 9.00% 10.58% 10.21% 8.90-9.00 -36,035 42.89 1.585 11.89% 134.15 963.06 3.93% 9.11% 9.45% 12575.80 3816.70

18-Jul 9.12% 9.59% 10.81% 10.81% NA 9.95% 10.65% 10.21% 8.95-9.10 -26,365 42.75 1.586 11.91% 129.30 959.37 3.97% 9.11% 9.45% 13111.85 3947.20

21-Jul 9.09% 9.59% NA NA 9.17% 8.90% 10.70% 10.08% 9.5 -34,330 42.73 1.587 11.91% 129.80 959.68 NA 9.11% 9.45% 13635.40 4092.25

22-Jul 9.10% 9.37% 10.76% 10.88% 9.22% 8.96% 10.67% 10.18% 9.25 -52,315 42.80 1.591 11.91% 130.25 967.20 NA 9.11% 9.45% 13850.04 4159.50

23-Jul 24-Jul 25-Jul 9.06% 8.98% 9.11% 9.26% 9.12% 9.24% 10.75% 10.74% 10.70% 10.91% 10.92% 10.91% 9.29% 9.30% 9.32% 8.98% 9.06% 9.00% 10.70% 10.70% 10.67% 10.18% 10.20% 10.27% 9.7 9.40-9.50 9.1 -44,265 -47,480 -40,710 42.33 41.89 42.275 1.578 1.569 1.569 11.91% 11.91% 11.89% 127.25 124.40 125.30 944.50 924.55 931.62 NA 4.11% 3.99% 9.11% 9.06% 9.06% 9.45% 9.45% 9.45% 14104.20 14942.28 14777.01 4240.10 4476.80 4433.55

28-Jul 9.07% 9.32% 10.66% 10.91% NA 8.87% 10.72% 10.51% 8.75 -43,260 42.28 1.571 11.89% 123.50 929.88 4.08% 9.06% 9.45% 14274.94 4311.85

29-Jul 9.48% 9.21% 10.65% 10.81% 9.20% 8.90% 10.68% 10.23% 8.6 -29,110 42.55 1.573 11.89% 124.70 930.84 4.01% 9.06% 9.45% 14349.11 4332.10

* Repo rate hiked 50bps to 9

* CRR hiked 25bps to 9% from

31-Jul 1-Aug 4-Aug 5-Aug 6-Aug 7-Aug 8-Aug 11-Aug 9.37% 9.25% 9.25% 9.04% 9.00% 9.06% 9.12% 8.86% 9.55% 9.55% 9.55% 9.21% 9.21% 9.19% 9.19% 8.95% 10.78% 10.92% 10.89% 10.91% 10.90% 10.89% 10.89% 10.87% 10.96% 11.04% 11.09% 11.06% 11.00% 10.96% 10.99% 10.99% 9.54% 9.43% 9.40% 9.40% 9.29% 9.31% 9.29% 9.26% 9.20% 9.17% 9.20% 9.21% 9.16% 9.15% 9.12% 9.12% 10.87% 10.81% 10.85% 10.80% 10.73% 10.80% 10.77% 10.77% 10.30% 10.39% 10.60% 10.48% 10.32% 10.49% 10.51% 10.70% 8.00-8.25 7.25 9.2 9.25 9.10-9.20 9.15-9.25 9.30-9.30 9.15-9.20 -11,555 -3,060 -8,200 -23,810 -22,790 -14,855 -18,640 -32,720 42.51 42.41 42.35 42.28 42.01 41.9 42.19 41.99 1.558 1.556 1.557 1.553 1.549 1.547 1.524 1.496 11.89% 11.98% 11.98% 11.98% 11.98% 11.98% 12.01% 12.01% 126.70 122.88 125.00 121.30 119.95 118.60 119.80 115.19 911.28 910.30 913.83 891.20 878.52 884.78 869.61 860.23 4.03% 3.95% 3.94% 3.95% NA NA 3.94% 3.92% 9.36% 9.36% 9.36% 9.36% 9.36% 9.23% 9.23% 9.23% 9.58% 9.56% 9.56% 9.56% 9.56% 9.56% 9.56% 9.56% 14287.21 14355.75 14656.69 14577.87 14961.07 15073.54 15117.25 15167.82 4313.55 4332.95 4413.55 4395.35 4502.85 4517.55 4523.85 4529.20

12-Aug 8.89% 9.02% NA NA 9.16% 9.12% 10.78% 10.66% 9.00-9.25 -23,705 42.3 1.488 12.01% 114.30 811.90 3.99% 9.23% 9.56% 15503.93 4620.40

13-Aug 9.01% 9.08% 10.82% 10.96% 9.16% 9.05% 10.78% 10.58% 9.30-9.35 -29,075 42.65 1.492 12.01% 114.15 814.47 3.90% 9.23% 9.56% 15212.13 4552.25

14-Aug 9.15% 9.26% 10.84% 11.00% 9.25% 9.07% 10.85% 10.49% 9.00-9.25 -35,025 42.83 1.487 12.01% 117.15 830.80 3.94% 9.15% 9.29% 15093.12 4529.05

18-Aug 19-Aug 9.05% 9.09% 9.26% 9.29% 10.85% 10.83% 11.04% 11.07% 9.22% 9.22% 9.04% 9.05% 10.86% 10.92% 10.33% 10.48% 9.40-9.50 NA -30,335 -34,725 43.27 43.46 1.474 1.469 12.44% 12.44% 113.75 113.50 796.63 791.60 3.84% 3.81% 9.15% 9.15% 9.29% 9.29% 14724.18 14645.66 4430.70 4393.05

20-Aug 9.14% 9.29% NA NA 9.22% 9.05% 10.92% 10.48% 9.70-9.90 NA 43.73 1.477 12.44% 114.48 817.36 3.84% 9.15% 9.29% 14543.73 4368.25

21-Aug 9.18% 9.25% 10.92% 11.12% 9.28% 9.14% 10.95% 10.56% 9.70-9.90 -38,910 43.66 1.477 12.44% 115.70 815.76 NA 9.15% 9.29% 14678.23 4415.75

22-Aug 9.19% 9.25% 11.01% 11.21% 9.25% 9.09% 11.00% 10.65% 9.60-9.75 -29,470 43.31 1.487 12.63% 120.80 835.90 NA 9.15% 9.29% 14243.73 4283.85

25-Aug 26-Aug 8.98% 8.98% 9.16% 9.07% 10.90% 10.89% 11.27% 11.27% 9.26% 9.24% 9.09% 9.10% 11.28% 11.51% 10.88% 11.04% 9.65-9.75 9.00-9.10 -32,675 -20,615 43.56 44.01 1.472 1.471 12.63% 12.63% 114.60 114.25 819.18 820.30 3.85% 3.79% 9.15% 9.15% 9.29% 9.29% 14401.49 14450.35 4327.45 4335.35

27-Aug 28-Aug 8.96% 8.89% 9.08% 9.06% 10.98% 11.00% 11.41% 11.45% 9.23% 9.26% 9.09% 9.08% 11.51% 11.51% 11.02% 11.06% 9.00-9.10 8.1 -5,500 -4,050 43.75 43.73 1.472 1.479 12.63% 12.63% 115.00 118.25 827.45 833.78 3.78% 3.77% 9.15% 9.07% 9.29% 9.18% 14482.22 14296.79 4337.50 4292.10

29-Aug 8.67% 8.85% NA NA 9.17% 9.02% 11.42% 11.17% 6.25 1,000 43.74 1.474 12.40% 116.20 835.38 NA 9.07% 9.18% 14048.34 4214.00

1-Sep 2-Sep 8.72% 8.58% 9.06% 8.77% 11.06% 11.00% 11.49% 11.45% 9.15% 9.15% 8.93% 9.02% 11.47% 11.51% 11.22% 11.18% 9.20-9.30 9.15-9.25 -7,600 -22,055 44.15 44.17 1.463 1.458 12.40% 12.40% 116.05 116.05 830.30 816.27 3.82% NA 9.07% 9.07% 9.18% 9.18% 14564.53 14498.51 4360.00 4348.65

4-Sep 8.56% 8.70% 10.96% 11.20% 9.09% 8.93% 11.56% 11.20% 9.00-9.20 -9,975 44.41 1.448 12.40% 108.46 802.58 NA 9.02% 9.18% 15049.86 4504.00

5-Sep 8.52% 8.72% 10.95% 11.35% 9.10% 8.86% 11.51% 11.17% 9.10-9.20 -7,845 44.35 1.429 12.34% 107.85 797.24 NA 9.02% 9.18% 14899.10 4447.75

8-Sep 9-Sep 8.52% 8.45% 8.62% 8.57% 10.95% 10.95% 11.34% 11.30% 9.06% 9.05% 8.86% 8.85% 11.50% 11.50% 11.04% 11.18% 8.60-8.75 8.50-8.75 -18,550 -1,025 44.15 44.87 1.439 1.408 12.34% 12.34% 106.00 106.15 814.00 796.73 NA 3.68% 9.02% 9.02% 9.18% 9.18% 14483.83 14944.47 4352.30 4482.30

10-Sep 11-Sep 8.31% 8.38% 8.57% 8.57% 10.94% 10.95% 11.30% 11.28% 9.05% 8.98% 8.84% 8.75% 11.51% 11.51% 11.18% NA 9.05-9.15 9.00-9.15 -3,015 -12,985 45.02 45.38 1.415 1.396 12.34% 12.34% 103.15 103.00 775.76 755.89 3.62% 3.63% 9.02% 8.73% 9.18% 8.86% 14900.76 14662.61 4468.70 4400.25

12-Sep 8.27% 8.45% 10.95% 11.33% 8.75% 8.60% 11.50% NA 8.25-8.35 -15,195 45.7 1.399 12.10% 100.10 751.80 3.66% 8.73% 8.86% 14324.29 4290.30

15-Sep 16-Sep 17-Sep 18-Sep 19-Sep 22-Sep 8.37% 8.08% 8.16% 8.29% 8.32% 8.41% 8.45% NA NA NA NA NA 10.94% 10.95% 10.97% 10.96% 11.08% 11.05% 11.30% 11.41% 11.53% 11.60% 11.68% 11.78% 8.70% 8.95% 8.75% 8.75% 8.80% 8.91% 8.47% 8.70% 8.55% 8.55% 8.60% 8.75% 11.50% 11.55% 11.73% 11.75% 12.25% 12.19% NA NA NA NA NA NA 11.75 14.50-15.00 9.9 10.00-10.5015.25-15.5014.00-15.00 -12,215 -51,815 NA -59,480 -75,315 -82,310 45.89 46.54 46.32 46.72 46.35 45.4 1.430 1.423 1.410 1.433 1.415 1.448 12.10% 12.10% 12.10% 12.10% 12.14% 12.14% 101.25 97.69 90.80 95.90 96.40 100.51 779.18 774.34 780.78 858.20 843.53 864.93 3.51% 3.36% NA 3.41% NA 3.77% 8.73% 8.73% 8.73% 8.65% 8.65% 8.65% 8.86% 8.86% 8.86% 8.86% 8.86% 8.86% 14000.81 13531.27 13518.80 13262.90 13315.60 14042.32 4228.45 4072.90 4074.90 4008.25 4038.15 4245.25

23-Sep 24-Sep 25-Sep 26-Sep 29-Sep 30-Sep 8.48% 8.57% 8.58% 8.50% 8.68% 8.61% NA NA NA NA NA NA 11.07% 11.10% 11.08% 11.08% 11.05% 11.09% 11.91% 11.85% 12.05% 12.11% 12.01% 12.10% 8.98% 8.96% 8.96% 8.79% 8.80% 8.82% 8.67% 8.70% 8.60% 8.53% 8.43% 8.59% 12.50% 12.58% 13.01% 13.00% 13.05% 13.00% NA NA NA NA NA NA 12.00-12.2510.00-10.50 9.75 11.25-11.5014.75-15.0 15-15.50 -78,860 -70,300 -64,315 -49,205 -56,480 -90,075 45.61 45.82 46.22 46.41 46.92 46.96 1.478 1.467 1.470 1.466 1.445 1.437 12.14% 12.14% 12.14% 12.14% 12.14% 12.14% 109.05 106.15 105.81 107.00 106.10 99.45 895.38 884.26 887.84 878.72 874.50 900.85 3.84% 3.81% 3.80% 3.79% NA 3.61% 8.65% 8.65% 8.56% 8.56% 8.56% 8.56% 8.86% 8.86% 8.80% 8.80% 8.80% 8.80% 13994.96 13570.31 13692.52 13547.18 13102.18 12595.75 4223.05 4126.90 4161.25 4110.55 3985.25 3850.05

1-Oct 8.53% NA NA NA 8.82% 8.59% 13.00% NA 17 NA 47.08 1.413 12.14% 100.25 882.10 3.82% 8.56% 8.80% 12860.43 3921.2

3-Oct 8.32% NA 11.14% 12.30% 9.05% 8.81% 13.25% NA 14 -91,720 46.86 1.386 12.14% 94.60 844.50 NA 8.86% 8.80% 13055.67 3950.75

6-Oct 8.10% NA 11.11% 12.37% 9.05% 8.73% 13.37% NA 11 -90,725 47.45 1.357 11.99% 95.50 830.35 NA 8.86% 8.80% 12526.32 3818.30

7-Oct 8.03% NA 11.15% 12.46% 8.63% 8.42% 13.50% NA NA -65,500 47.77 1.359 11.99% 87.80 836.94 3.51% 8.86% 8.80% 11801.70 3602.35

8-Oct 10-Oct 13-Oct 14-Oct 15-Oct 16-Oct 17-Oct 20-Oct 8.10% 7.78% 7.70% 7.88% 7.95% 7.71% 7.77% 7.72% NA NA NA NA NA NA NA NA 11.21% 11.47% 11.41% 11.59% 11.64% 11.57% 11.55% 11.48% 12.53% 12.55% 12.50% 12.63% 13.61% 13.50% 12.50% 12.50% 8.48% 8.28% 8.17% 8.03% 7.99% 8.12% 7.80% 7.70% 8.24% 8.11% 7.82% 7.75% 7.75% 7.99% 7.41% 7.47% 13.50% 13.50% 14.13% 13.65% 14.37% 14.43% 13.93% 13.77% NA NA NA NA NA NA NA NA 10.4 21.00-22.009.75-10.25 9.75-10.25 10.00-10.10 7 6.90-7.10 6.50-6.75 -59,635 -81,135 -92,000 -55,440 -62,805 -55,340 -4,130 -1,635 48.53 48.95 48.25 47.73 48.55 48.86 48.66 48.77 1.358 1.351 1.350 1.365 1.356 1.336 1.348 1.349 11.99% 11.99% 11.80% 11.80% 11.80% 11.80% 11.44% 11.44% 90.05 86.60 80.90 81.20 79.70 75.80 69.85 72.70 882.40 904.55 860.60 845.60 844.58 841.73 805.28 807.36 3.44% 3.74% 3.88% 4.01% NA 3.95% 3.94% NA 8.86% 8.48% 8.48% 8.48% 8.48% 8.68% 8.68% 8.68% 8.80% 8.45% 8.45% 8.45% 8.45% 8.45% 8.45% 8.45% 11695.24 11328.36 10527.80 11309.09 11483.40 10809.12 10581.49 9975.35 3606.60 3513.65 3279.95 3490.70 3518.65 3338.40 3269.30 3074.35

*RBI cut CRR by 150 bps to 7.50% (includingbps to 6.50%, effective , effective 11 repo rate by 100bps t *RBI cut CRR by 100 the earlier 50bps cut) 11 * RBI2008 Oct, 2008. Oct, cuts

21-Oct 22-Oct 7.72% 7.53% NA NA 11.35% NA 12.50% NA 7.78% 7.78% 7.50% 7.50% 14.81% 14.81% NA NA NA 6.00-6.25 24,895 NA 48.98 49.48 1.333 1.282 11.44% 11.44% 75.25 71.25 797.98 762.03 3.86% 3.71% 8.68% 8.68% 8.45% 8.45% 10223.09 10683.39 3122.80 3234.90

23-Oct 7.60% NA 11.34% 12.17% 7.39% 7.08% 14.44% NA 6.05 41,095 49.76 1.277 11.44% 68.35 726.14 3.74% 7.19% 7.40% 10169.90 3065.15

24-Oct 7.59% NA 11.35% 12.00% 7.32% 7.05% 14.13% NA 6.00-6.10 38,650 49.92 1.281 11.07% 69.20 714.03 3.61% 7.19% 7.40% 9771.70 2943.15

27-Oct 7.72% NA 11.40% 12.46% 7.46% 7.05% 14.00% NA 9.4 -19,605 50.1 1.253 11.07% 64.75 726.05 3.65% 7.19% 7.40% 8701.07 2584.00

29-Oct 7.61% NA NA NA 7.37% 7.10% 13.93% NA 11.5 NA 49.86 1.264 11.07% 64.75 743.72 3.83% 7.19% 7.40% 9008.08 2684.60

31-Oct 7.43% NA 11.42% 12.42% 7.40% 7.18% 13.95% NA 21-21.50 -56,095 49.36 1.284 10.68% 66.10 737.37 3.94% 7.44% 7.40% 9044.51 2697.05

3-Nov 4-Nov 7.51% 7.61% NA NA NA 11.54% NA 12.72% 7.30% 7.25% 7.13% 7.08% 14.68% 13.78% NA NA 6.00-7.00 7.50-7.75 -65,595 -13,140 48.98 48.85 1.284 1.252 10.68% 10.68% 67.80 63.85 734.47 723.82 3.95% 3.91% 7.44% 7.44% 7.40% 7.40% 9788.06 10337.68 2885.60 3043.85

5-Nov 6-Nov 7-Nov 7.62% 7.70% 7.67% NA NA NA 11.58% 11.56% 11.48% 12.88% 11.10% 11.08% 7.26% 7.41% 7.27% 7.06% 7.05% 7.05% 13.75% 13.50% 13.37% NA NA NA 7.35 6.25-6.30 6.70-7.00 -3,825 27,170 30,630 47.1 47.6 47.75 1.285 1.286 1.273 10.68% 10.68% 10.72% 71.50 65.60 61.07 753.54 736.55 732.18 3.91% NA 3.69% 7.44% 7.39% 7.39% 7.40% 7.37% 7.37% 10631.62 10120.01 9734.22 3142.10 2994.95 2892.65

10-Nov 7.67% NA 11.42% 11.09% 7.22% NA 13.40% NA 7.5 -19,350 47.3 1.288 10.72% 62.00 747.74 3.82% 7.39% 7.37% 9964.29 2973.00

11-Nov 12-Nov 14-Nov 7.72% 7.65% 7.45% NA NA NA 11.44% 11.45% 11.45% 11.19% 11.12% 11.63% 7.25% 7.12% 7.14% NA NA NA 13.25% 13.25% 13.26% NA NA NA 7.40-7.50 7.25-7.50 7.20-7.30 -12,410 -8,570 -10,975 47.51 48.79 49.41 1.271 1.256 1.272 10.72% 10.72% 8.98% 60.90 59.30 58.20 745.38 736.03 727.60 3.77% NA NA 7.39% 7.39% 7.35% 7.37% 7.37% 7.37% 10536.16 9839.69 9536.33 3148.25 2938.65 2848.45

17-Nov 7.50% NA 11.41% 10.63% 7.17% NA 13.37% NA 6.95 -8,800 48.93 1.256 8.98% 58.00 740.68 NA 7.35% 7.37% 9385.42 2810.35

18-Nov 7.49% NA 11.45% 10.50% 7.14% NA 13.48% NA 6.7 1,475 49.73 1.261 8.98% 55.25 739.48 NA 7.35% 7.37% 9291.01 2799.55

19-Nov 7.43% NA 11.45% 10.52% 7.03% NA 13.50% NA 6.50-6.60 11,400 49.72 1.261 8.98% 54.25 738.16 NA 7.35% 7.37% 8937.20 2683.15

20-Nov 7.31% NA 11.21% 10.45% 7.12% NA 13.50% NA 6.20-6.25 20,485 50.41 1.249 8.98% 53.76 736.96 NA 7.31% 7.09% 8773.78 2635.00

21-Nov 24-Nov 25-Nov 7.13% 7.21% 7.20% NA NA NA 11.12% 11.15% 11.22% 10.69% 10.68% 10.99% 7.04% 6.70% 6.92% NA NA NA 13.50% 13.50% 13.50% NA NA NA 6.25-6.30 6.90-7.00 6.50-6.60 24,945 9,215 1,190 50.26 49.98 49.91 1.248 1.265 1.286 8.90% 8.90% 8.90% 49.65 49.90 54.55 747.90 791.55 813.32 3.06% 3.23% 3.26% 7.31% 7.31% 7.31% 7.09% 7.09% 7.09% 8451.01 8915.21 8903.12 2553.15 2693.45 2708.25

26-Nov 7.15% NA 11.20% 10.80% 6.77% NA 13.50% NA 6.4 720 49.93 1.298 8.90% 50.85 813.81 3.10% 7.31% 7.09% 8695.53 2654.00

1-Dec 2-Dec 7.02% 6.99% NA NA 11.15% 11.15% 11.00% 11.00% 6.99% 6.92% NA NA 13.00% 12.89% NA NA 6.20-6.25 6.15-6.25 NA 36,065 50.06 50.5 1.268 1.264 8.84% 8.84% 53.95 50.20 812.45 773.08 2.90% 2.69% 7.14% 7.14% 7.09% 7.09% 9092.72 8839.87 2755.15 2682.90

3-Dec 6.88% NA 11.13% 11.13% 6.74% NA 13.00% NA 6.1 52,980 49.92 1.271 8.84% 46.85 777.77 2.71% 7.14% 7.09% 8739.24 2657.80

4-Dec 5-Dec 8-Dec 6.82% 6.79% 6.70% NA 6.88% 6.86% 10.82% 10.33% 10.16% 11.10% 10.53% 10.43% 6.57% 6.43% 6.30% NA 6.55% 6.20% 13.00% 13.50% 13.50% 10.39% 10.00% 10.21% 6.10-6.20 6.10-6.20 5.00-5.25 56,610 52,060 45,095 49.88 49.68 49.26 1.267 1.274 1.274 8.84% 8.40% 8.40% 46.50 44.30 40.90 767.35 765.76 764.38 2.63% 2.59% 2.72% 6.60% 6.60% 6.60% 6.30% 6.30% 6.30% 8747.43 9229.75 8965.20 2656.45 2788.00 2714.40

10-Dec 6.63% 6.61% 9.76% 9.55% 5.59% 5.62% 12.50% 9.73% 5.3 27,400 49.16 1.294 8.40% 42.50 779.31 2.66% 6.60% 6.30% 9162.62 2784.00

11-Dec 6.53% 6.51% 9.68% 10.25% 5.70% 5.50% 12.50% 9.33% 5.3 27,370 48.53 1.310 8.40% 42.75 810.18 2.67% 5.65% 6.30% 9654.90 2928.25

12-Dec 6.21% 6.21% 9.65% 10.15% 5.48% 5.59% 12.00% 9.27% 5.5 31,665 48.77 1.334 8.00% 47.90 813.55 2.49% 5.65% 6.30% 9645.46 2920.15

15-Dec 6.16% 6.22% 9.03% 9.49% 5.43% 5.46% 12.27% 9.43% 6.25-6.40 24,035 47.99 1.346 8.00% 47.15 831.95 2.58% 5.65% 6.30% 9690.07 2921.35

17-Dec 5.84% 5.97% 9.10% 9.13% 5.34% 5.39% 12.47% 9.29% 6.40-6.50 24,220 47.41 1.412 8.00% 44.60 852.55 2.28% 5.65% 6.30% 9976.98 3041.75

* RBI cuts Reop & Reverse Repo rate by 100 bps.
* Now Repo stands at 6.50% and Reverse Repo at 5.00%

18-Dec 5.63% 5.68% 8.90% 8.98% 5.34% 5.42% 12.43% 9.29% 6.40-6.50 12,010 47.36 1.443 8.00% 42.00 864.60 2.17% 5.45% 5.36% 9715.29 2954.35

19-Dec 22-Dec 23-Dec 24-Dec 26-Dec 5.42% 5.57% 5.63% 5.71% 5.54% 5.57% 5.69% 5.85% 5.96% 5.74% 8.85% 8.74% 8.80% 8.76% 8.65% 8.90% 9.01% 9.11% 9.07% 8.95% 5.25% 5.12% 5.08% 5.20% 5.14% 5.23% 5.19% 5.18% 5.20% 5.20% 12.45% 12.00% 12.00% 12.06% 11.87% 9.26% 9.62% 9.41% 9.31% 9.07% 6.50-6.60 6.2 6.20-6.30 6.10-6.20 5.75-6.00 14,030 10,560 1,260 5,485 15,375 47.1 47.40 48.52 49.08 47.82 1.425 1.398 1.397 1.395 1.404 6.84% 6.84% 6.84% 6.84% 6.84% 38.20 42.25 41.45 39.40 37.91 849.72 845.26 841.75 839.12 846.15 2.09% 2.14% 2.17% 2.15% 2.18% 5.45% 5.45% 5.45% 5.45% 5.04% 5.36% 5.36% 5.36% 5.36% 5.36% 10076.43 10099.91 9928.35 9686.75 9568.72 3060.75 3077.50 3039.30 2968.65 2916.85

29-Dec 5.61% 5.80% 8.73% 9.25% 4.97% 5.13% 11.62% 8.96% 5.50 20,705 48.68 1.410 6.61% 37.55 881.48 2.13% 5.04% 5.36% 9328.92 2857.25

30-Dec 5.45% 5.58% 8.72% 9.18% 5.02% 5.10% 11.66% 8.83% 5.25 47,250 48.48 1.409 6.61% 38.58 876.57 2.06% 5.04% 5.36% 9533.52 2922.20

31-Dec 5.27% 5.45% 8.63% 9.11% 5.05% 5.00% 11.65% 8.80% 5.20 39,165 48.53 1.408 6.61% 38.75 866.30 2.07% 5.04% 5.36% 9716.16 2979.50

1-Jan 5.23% 5.35% 8.60% 8.90% 4.95% 4.92% 11.78% 8.89% 5.20 44,665 48.73 1.397 6.61% 45.20 879.33 2.23% 4.71% 4.78% 9647.31 2959.15

2-Jan 5.35% 5.44% 8.71% 8.98% 4.63% 4.50% 11.57% 9.04% 5.10 68,715 48.96 1.387 6.38% 45.20 871.47 2.23% 4.71% 4.78% 9903.46 3033.45

5-Jan 4.99% 5.15% 8.45% 8.75% 4.55% 4.47% 11.62% 8.56% 4.50 NA 48.4 1.380 6.38% 46.05 869.40 2.40% 4.71% 4.78% 9958.22 3046.75

6-Jan 5.15% 5.30% 8.13% 7.23% 4.32% 4.22% 10.62% 8.18% 4.25 57,490 48.68 1.354 6.38% 48.40 851.88 2.49% 4.71% 4.78% 10275.6 3121.45

7-Jan 5.82% 6.01% 8.27% 7.90% 4.34% 4.20% 10.50% 7.88% 4.10 59,360 48.39 1.350 6.38% 50.00 860.70 2.46% 4.71% 4.78% 10335.93 3112.80

9-Jan 6.09% 6.05% 8.71% 8.00% 4.54% 4.59% 10.50% 7.69% 4.20 43,330 49 1.366 6.38% 41.15 855.50 2.43% 4.71% 4.78% 9586.88 2920.40

12-Jan 5.87% 6.01% 8.69% 8.50% 4.49% 4.64% 10.53% 8.04% 4.20 27,440 48.61 1.340 5.91% 40.80 850.78 2.39% 4.71% NA 9406.47 2873.00

13-Jan 5.65% 5.95% 8.65% 8.13% 4.60% 4.52% 10.38% 8.02% 4.2 28,860 48.77 1.330 5.91% 37.60 824.24 2.32% 4.71% 4.64% 9110.05 2773.10

15-Jan 5.50% 5.62% NA NA 4.50% 4.42% 10.50% 8.04% 4.20 22,995 48.98 1.310 5.91% 37.20 809.88 2.17% NA 4.50% 9370.49 2835.30

* RBI anounces stimulus package
* RBI cuts CRR by 50 bps and Repo & Rev Repo both by 100bps

MARKET POINTERS
16-Jan 5.41% 5.51% NA NA 4.48% 4.50% 10.50% 7.99% 4.3 20,875 48.82 1.320 5.24% 35.25 819.67 2.24% NA 4.50% 9046.74 2736.70 19-Jan 5.63% 5.76% NA NA 4.38% 4.41% 10.50% 8.08% 4.5 48.59 1.330 5.24% 36.40 838.73 2.32% 20-Jan

9323.59 2828.45

10Y Gsec (6.05% 2019) 5Y Gsec (7.56% 2014) 5Y AAA 1Y AAA 1Y TB 91D TB 3M CP 3M MIBOR Call Rate (%) R.Repo / Repo (Rs.Cr.) USD/ INR Euro/ USD Inflation (%) Oil (NYMEX) ($) Gold ($/Oz) 10Y UST Last 91D Tbill Cut-off Last 364D Tbill Cut-off Sensex (Prev close) Nifty (Prev close)
Source: News wire Note: Repo figs are of Previous day

1-Jan 5.23% 5.35% 8.60% 8.90% 4.95% 4.92% 11.78% 8.89% 5.20 44,665 48.73 1.397 6.61% 45.20 879.33 2.23% 4.71% 4.78% 9647.31 2959.15

2-Jan 5.35% 5.44% 8.71% 8.98% 4.63% 4.50% 11.57% 9.04% 5.10 68,715 48.96 1.387 6.38% 45.20 871.47 2.23% 4.71% 4.78% 9903.46 3033.45

5-Jan 4.99% 5.15% 8.45% 8.75% 4.55% 4.47% 11.62% 8.56% 4.50 NA 48.4 1.380 6.38% 46.05 869.40 2.40% 4.71% 4.78% 9958.22 3046.75

6-Jan 5.15% 5.30% 8.13% 7.23% 4.32% 4.22% 10.62% 8.18% 4.25 57,490 48.68 1.354 6.38% 48.40 851.88 2.49% 4.71% 4.78% 10275.6 3121.45

7-Jan 5.82% 6.01% 8.27% 7.90% 4.34% 4.20% 10.50% 7.88% 4.10 59,360 48.39 1.350 6.38% 50.00 860.70 2.46% 4.71% 4.78% 10335.93 3112.80

9-Jan 6.09% 6.05% 8.71% 8.00% 4.54% 4.59% 10.50% 7.69% 4.20 43,330 49 1.366 6.38% 41.15 855.50 2.43% 4.71% 4.78% 9586.88 2920.40

12-Jan 5.87% 6.01% 8.69% 8.50% 4.49% 4.64% 10.53% 8.04% 4.20 27,440 48.61 1.340 5.91% 40.80 850.78 2.39% 4.71% NA 9406.47 2873.00

* RBI anounces stimulus package
* RBI cuts CRR by 50 bps and Repo & Rev Repo both by 100bps

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13-Jan 5.65% 5.95% 8.65% 8.13% 4.60% 4.52% 10.38% 8.02% 4.2 28,860 48.77 1.330 5.91% 37.60 824.24 2.32% 4.71% 4.64% 9110.05 2773.10

15-Jan 5.50% 5.62% NA NA 4.50% 4.42% 10.50% 8.04% 4.20 22,995 48.98 1.310 5.91% 37.20 809.88 2.17% NA 4.50% 9370.49 2835.30

16-Jan 5.41% 5.51% NA NA 4.48% 4.50% 10.50% 7.99% 4.30 20,875 48.82 1.320 5.24% 35.25 819.67 2.24% 4.58% 4.50% 9046.74 2736.70

19-Jan 5.63% 5.76% NA NA 4.38% 4.41% 10.50% 8.08% 4.50 4,805 48.59 1.330 5.24% 36.40 838.73 2.32% 4.58% 4.50% 9323.59 2828.45

20-Jan 5.58% 5.68% NA NA 4.42% 4.51% 10.50% 7.93% 4.20 43,200 48.95 1.298 5.24% 36.40 826.30 2.36% 4.58% 4.50% 9329.57 2846.20

21-Jan 5.63% 5.91% NA NA 4.39% 4.54% 10.50% 7.95% 4.20 49,225 49.21 1.297 5.24% 40.95 851.10 2.41% 4.58% 4.50% 9100.55 2796.60

22-Jan 5.86% NA NA NA 4.44% 4.54% 10.27% 8.00% 4.20 NA 48.91 1.300 5.24% 42.90 852.73 2.52% NA NA 8779.17 2706.15

23-Jan 5.85% 5.99% 8.66% 8.25% 4.44% 4.62% 9.62% 7.74% 4.20 56,710 49.15 1.293 5.60% 42.25 857.30 2.58% 4.67% 4.51% 8813.84 2713.80

27-Jan 5.79% 5.83% 8.66% 8.15% 4.44% 4.57% 9.78% 7.89% 4.15 49,140 48.88 1.320 5.60% 46.40 903.35 2.64% 4.67% 4.51% 8674.35 2678.55

28-Jan 5.98% 6.03% 8.76% 8.32% 4.44% 4.56% 9.61% 7.94% 4.10 51,465 48.8 1.323 5.60% 43.35 894.45 2.56% 4.67% 4.51% 9004.08 2771.35

29-Jan 6.10% 5.92% 8.77% 8.29% 4.53% 4.65% 9.61% 7.94% 4.20 63,250 48.89 1.310 5.60% 42.75 882.68 2.69% 4.79% 4.59% 9257.47 2849.50

30-Jan 6.21% 5.95% 8.80% 8.35% 4.53% 4.73% 9.56% 8.00% 4.15 61,505 49.01 1.290 5.64% 41.80 906.98 2.83% 4.79% 4.59% 9236.28 2823.95

2-Feb 5.84% 5.92% 8.80% 8.27% 4.53% 4.68% 9.52% 7.83% 4.2 56,510 49.02 1.271 5.64% 41.80 923.50 2.81% 4.79% 4.59% 9424.24 2874.80

3-Feb 5.90% 5.96% 8.83% 8.26% 4.49% 4.77% 9.58% 7.88% NA 47,970 48.78 1.286 5.64% 41.85 900.73 2.74% 4.79% 4.59% 9066.7 2766.65

4-Feb 5.86% 5.96% 8.89% 8.29% 4.47% 4.69% 9.54% 7.77% 4.15 58,770 48.67 1.299 5.64% 40.50 897.03 2.85% 4.79% 4.59% 9149.3 2783.90

5-Feb 5.90% 5.99% 8.94% 8.29% 4.53% 4.71% 9.51% 7.91% 4.05 67,260 48.775 1.283 5.64% 41.10 903.15 2.92% 4.83% 4.59% 9201.85 2803.05

6-Feb 5.88% 5.94% 8.99% 8.27% 4.54% 4.73% 9.50% 8.06% 4.10 69,905 48.72 1.279 5.07% 40.25 912.75 2.89% 4.83% 4.59% 9090.88 2780.05

9-Feb 5.75% 5.82% 8.76% NA 4.52% 4.73% 9.50% 8.01% 4.10-4.20 60,230 48.59 1.294 5.07% 40.50 905.48 2.96% 4.83% 4.59% 9300.86 2843.10

10-Feb 11-Feb 12-Feb 13-Feb 5.86% 5.88% 5.85% 5.87% 5.90% 5.86% 5.84% 5.78% 8.72% 8.90% 8.84% 8.02% 8.16% 8.20% 8.08% 8.76% 4.50% 4.52% 4.52% 4.52% 4.70% 4.60% 4.68% 4.71% 9.50% 9.40% 9.45% 9.43% 7.87% 7.78% 7.69% 7.78% 4.00-4.15 4.00-4.10 4.00-4.10 4.00-4.10 45,235 45,865 45,845 54,410 48.7 48.81 48.71 48.727 1.282 1.290 1.290 1.293 5.07% 5.07% 5.07% 4.39% 39.70 37.35 36.20 33.90 897.13 911.10 938.81 940.35 2.98% 2.82% 2.78% 2.78% 4.83% 4.83% 4.79% 4.79% 4.59% 4.59% 4.58% 4.58% 9583.89 9647.47 9618.54 9465.83 2919.90 2934.50 2925.70 2893.05

16-Feb 5.91% 5.92% 8.79% 8.04% 4.52% 4.64% 9.15% 7.92% NA 50,680 48.7 1.275 4.39% 37.45 936.98 2.80% 4.79% 4.58% 9634.74 2948.35

17-Feb 6.04% 5.99% 8.76% 8.06% 4.45% 4.57% 9.15% 7.74% 4.10-4.15 48,810 49.07 1.264 4.39% 37.45 956.44 2.81% 4.79% 4.58% 9305.45 2848.50

18-Feb 6.12% 6.10% 8.83% 7.98% 4.49% 4.64% 9.07% 7.76% 4.1 40,925 49.76 1.258 4.39% 34.95 971.94 2.65% 4.79% 4.58% 9035 2770.50

19-Feb 6.03% 5.93% 8.59% 7.95% 4.49% 4.74% 9.03% 7.72% 4.1 40,385 49.93 1.257 4.39% 35.00 976.84 2.74% 4.75% 4.58% 9015.18 2776.15

20-Feb 6.11% 6.01% 8.57% 7.73% 4.47% 4.59% 9.02% 7.77% 4.10-4.20 29,095 49.9 1.258 3.92% 34.62 971.50 2.81% 4.75% 4.58% 9042.63 2789.35

24-Feb 25-Feb 26-Feb 6.16% 6.19% 6.15% 6.05% 6.14% 6.05% 8.57% 8.63% 8.62% 7.73% 7.59% 7.74% 4.47% 4.51% 4.51% 4.59% 4.69% 4.69% 9.02% 9.06% 9.03% 7.84% 7.64% 7.60% 4.10-4.20 4.10-4.20 4.10-4.20 NA 77,455 67,595 49.9 49.83 50.18 1.273 1.282 1.273 3.92% 3.92% 3.92% 38.20 39.90 42.40 987.32 965.08 947.52 2.78% 2.80% 2.91% 4.75% 4.75% 4.75% 4.58% 4.58% 4.65% 8843.21 8822.06 8902.56 2736.45 2733.90 2762.50

27-Feb 6.02% 5.95% 8.55% 7.50% 4.54% 4.67% 9.01% 7.66% 4.10 NA 50.72 1.270 3.36% 45.15 940.93 3.00% 4.75% 4.65% 8954.86 2785.65

2-Mar 6.02% 5.86% 8.49% 7.52% 4.44% 4.53% 9.06% 7.60% 4.10 NA 51.68 1.260 3.36% 44.80 951.45 2.99% 4.75% 4.65% 8891.61 2763.65

3-Mar 6.03% 5.91% 8.44% 7.55% 4.47% 4.54% 9.05% 7.60% 4.10 NA 51.7 1.260 3.36% 40.70 922.50 2.92% 4.75% 4.65% 8607.08 2674.60

4-Mar 6.09% 6.00% 8.40% 7.50% 4.44% 4.54% 9.07% 7.51% 4.10 60,895 51.98 1.240 3.36% 40.58 912.25 2.93% 4.75% 4.65% 8427.29 2622.40

5-Mar 6-Mar 6.06% 6.29% 5.97% 6.12% 8.48% 8.39% 7.69% 7.60% 4.52% 4.44% 4.59% 4.35% 8.93% 8.75% 7.67% 7.14% 3.55-3.60 3.55-3.60 67,905 67,825 51.68 51.65 1.260 1.258 3.36% 3.03% 44.15 43.30 910.86 935.28 2.99% 2.85% 4.67% 4.67% 4.65% 4.65% 8446.49 8197.92 2645.20 2576.70

* RBI cuts R/Repo by 50 bps to 3.50% * RBI cuts Repo by 50bps to 5.00%

9-Mar 12-Mar 6.53% 6.69% 6.28% 6.44% 8.50% 8.65% 7.90% 7.92% 4.45% 4.45% 4.35% 4.35% 8.84% 8.78% 7.56% 7.36% 3.55-3.60 3.50-3.60 66,780 42,700 51.69 51.58 1.266 1.284 3.03% 3.03% 44.60 44.50 937.68 913.40 2.87% 2.89% 4.67% 4.67% 4.65% 4.65% 8325.82 8160.4 2620.15 2573.15

13-Mar 7.08% 6.90% 9.00% 8.31% 4.37% 4.45% 8.71% 7.26% 3.8 51,545 51.73 1.289 2.43% 45.85 924.00 2.89% 4.58% 4.99% 8343.75 2617.45

16-Mar 6.34% 6.44% 9.01% 8.23% 4.74% 4.55% 8.75% 7.28% 4.15 50,165 51.6 1.290 2.43% 47.80 924.82 2.90% 4.58% 4.99% 8756.61 2719.25

17-Mar 6.50% 6.56% 8.80% 8.14% 4.70% 4.55% 8.94% 7.51% 4.5 22,755 51.29 1.302 2.43% 46.30 920.70 2.95% 4.58% 4.99% 8943.54 2777.25

18-Mar 19-Mar 6.47% 6.44% 6.55% 6.41% 8.81% 8.70% 8.09% 8.04% 4.87% 4.75% 4.70% 4.70% 9.00% 9.00% 7.44% 7.45% 4.50-4.60 4.80-4.90 16,015 20,190 51.44 50.68 1.303 1.347 2.43% 2.43% 48.45 48.50 911.22 930.14 2.98% 2.54% 4.58% 4.87% 4.99% 4.99% 8863.82 8976.68 2757.45 2794.70

20-Mar 6.52% 6.45% 8.67% 8.04% 5.07% 4.84% 9.06% 7.50% 4.90 21,195 50.11 1.364 0.44% 51.25 955.29 2.60% 4.87% 4.99% 9001.75 2807.15

23-Mar 6.65% 6.53% 8.57% 8.00% 4.97% 4.80% 9.15% 7.62% 4.5 11,065 50.55 1.367 0.44% 52.38 952.71 2.65% 4.87% 4.99% 8966.68 2807.05

/Repo by 50 bps to 3.50%

epo by 50bps to 5.00%

24-Mar 6.67% 6.63% 8.59% 7.93% 5.05% 4.80% 9.15% 7.50% 4 31,840 50.315 1.365 0.44% 53.30 941.52 2.66% 4.87% 4.99% 9424.02 2939.90

25-Mar 6.79% 6.62% 8.75% 7.89% 4.69% 4.82% 9.15% 7.50% 4.1 26,445 50.84 1.340 0.44% 54.05 925.70 2.69% 4.87% 4.99% 9471.04 2938.70

26-Mar 6.87% 6.73% 8.63% 8.00% 4.93% 4.80% 9.13% 7.37% 4.75 44,435 50.63 1.356 0.44% 52.95 933.38 2.79% 4.95% 5.50% 9667.9 2984.35

30-Mar 31-Mar 7.16% 6.99% 6.71% 6.78% 8.67% 8.67% 7.99% 7.92% 5.10% 5.10% 4.90% 4.86% 9.17% 9.20% 7.61% 7.53% 4.6 4.50-5.00 11,150 28,930 50.96 51.02 1.321 1.323 0.27% 0.27% 52.30 49.25 924.10 917.16 2.72% 2.73% 4.95% 4.95% 5.50% 5.50% 10048.49 9568.14 3108.65 2978.15

1-Apr 7.01% 6.79% 8.54% 7.50% 4.80% 4.65% 9.20% 7.64% NA 7,265 50.7 1.319 0.27% 49.90 919.35 2.69% 4.95% 5.50% 9708.5 3020.95

2-Apr 6.93% 6.79% 8.55% 7.50% 4.80% 6.55% 9.20% 7.64% 4.25 NA 50.33 1.326 0.27% 48.00 927.64 2.68% 4.95% 5.50% 9901.99 3060.35

6-Apr 7-Apr 7.05% 7.00% 6.80% 6.74% 8.35% 8.25% 7.40% 7.30% 4.85% 4.66% 4.51% 4.20% 7.62% 7.71% 7.40% 7.18% 3.50-3.60 3.55 69,985 121,910 49.93 50.04 1.356 1.338 0.31% 0.31% 52.55 50.76 879.45 877.23 2.90% 2.91% 4.50% 4.50% 5.50% 5.50% 10348.83 10534.87 3211.05 3256.60

8-Apr 6.94% 6.64% 8.25% 7.30% 4.66% 4.20% 7.70% 7.18% 3.50 NA 50.61 1.317 0.31% 49.75 885.70 2.89% 4.50% 5.50% NA NA

9-Apr 13-Apr 15-Apr 16-Apr 17-Apr 6.78% 6.68% 6.71% 6.55% 6.39% 6.38% 6.44% 6.47% 6.27% 6.17% 7.91% 7.90% 8.05% 7.93% 8.05% 6.70% 6.50% 6.76% 6.59% 6.53% 4.44% 4.10% 4.15% 4.10% 4.11% 4.04% 3.70% 3.65% 3.63% 3.72% 7.37% 6.92% 7.17% 7.09% 7.09% 7.13% 7.23% 6.90% 6.93% 6.69% 3.50 3.5 3.5 3.5 3.5 132,465 1,31,020 100,295 113,010 1,11,490 50.015 49.88 49.99 49.35 49.82 1.326 1.316 1.320 1.320 1.307 0.31% 0.26% 0.26% 0.26% 0.18% 50.70 51.45 49.25 49.10 49.95 883.76 888.49 891.87 891.20 873.58 2.88% 2.91% 2.76% 2.78% 2.82% 4.09% 4.09% 4.09% 3.81% 3.81% 4.40% 4.40% 4.40% 4.40% 4.40% 10742.34 10803.86 10967.22 11284.73 10947.4 3342.95 3342.05 3382.60 3484.15 3369.50

20-Apr 21-Apr 22-Apr 6.40% 6.33% 6.15% 6.12% 6.10% 5.98% 7.67% 7.63% 7.55% 6.25% 6.18% 5.79% 4.06% 4.07% 3.94% 3.51% 3.53% 3.35% 7.00% 6.75% 6.62% 6.65% 6.38% 6.32% 3.40-3.50 3.50-3.60 3.15 108,500 118,270 61,510 49.92 50.41 50.35 1.301 1.294 1.292 0.18% 0.18% 0.18% 50.70 46.35 48.55 869.32 885.80 883.55 2.92% 2.83% 2.87% 3.81% 3.81% 3.81% 4.40% 4.40% 4.40% 11023.09 10979.5 10898.11 3384.40 3377.10 3365.30 * RBI cut Repo & Reverse Repo by 25bps each

23-Apr 24-Apr 27-Apr 28-Apr 29-Apr 4-May 5-May 6-May 6.24% 6.12% 6.07% 6.17% 6.24% 6.23% 6.35% 6.26% 6.11% 5.93% 5.87% 6.01% 6.07% 6.06% 6.16% 6.04% 7.22% 7.50% 7.50% 7.53% 7.54% 7.60% 7.69% 7.66% 5.85% 6.06% 6.07% 6.05% 6.06% 6.09% 6.09% 6.05% 3.82% 3.67% 3.70% 3.62% 3.62% 3.75% 3.63% 3.47% 3.27% 3.27% 3.25% 3.25% 3.25% 3.28% 3.03% 3.13% 6.56% 6.69% 6.70% 6.16% 6.20% 6.50% 6.41% 6.41% 5.71% 5.67% 5.83% 5.58% 5.62% 5.55% 5.65% 5.74% 3.25 3.25 3.25 3.2 3.10-3.20 3.3 3.25 3.00 98,240 91,450 109,450 132,230 130,200 89,350 144,911 144,917 50.3 49.97 50.06 50.41 50.24 49.66 49.67 49.63 1.301 1.314 1.310 1.300 1.320 1.330 1.337 1.324 0.18% 0.26% 0.26% 0.26% 0.26% 0.57% 0.57% 0.57% 48.65 49.50 51.30 51.30 49.35 53.19 54.05 53.85 891.90 910.74 914.47 899.67 893.55 892.18 904.65 900.45 2.93% 2.92% 2.95% 2.89% 3.01% 3.15% 3.15% 3.16% 3.36% 3.36% 3.36% 3.36% 3.36% 3.32% 3.32% 3.32% 3.76% 3.76% 3.76% 3.76% 3.76% 3.76% 3.76% 3.76% 10817.54 11134.99 11329.05 11371.85 11001.75 11403.25 12081.39 12114.16 3330.30 3423.70 3480.75 3470.00 3362.35 3513.86 3636.45 3657.15

7-May 6.21% 5.98% 7.53% 5.85% 3.51% 3.08% 6.00% 5.12% 3.15 144,913 49.28 1.339 0.57% 56.71 910.70 3.33% 3.32% 3.76% 2116.94 3683.90

* RBI shuts the second LAF window

MARKET POINTERS
8-May 11-May 12-May 6.25% 6.29% 6.34% 5.94% 6.00% 6.17% 7.52% 7.59% 7.65% 5.85% 5.75% 5.90% 3.55% 3.45% 3.53% 3.13% 3.05% 3.08% 5.38% 5.32% 5.42% 5.17% 5.06% 4.94% 3.20 3.25 3.30 144,912 146,775 124,000 49.31 49.14 49.64 1.337 1.364 1.359 0.57% 0.70% 0.70% 57.35 58.14 58.29 913.04 915.60 913.07 3.31% 3.26% 3.17% 3.32% 3.15% 3.15% 3.76% 3.50% 3.50% 12141.21 11952.95 11649.21 3701.55 3636.05 3540.40

MARKET POINTERS


				
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