Markets 4 U

Equity Market Update for - January 30, 2009

Equity Markets For The Day The Sensex ended the day with a gain of 187.96 points, or 2.04% at 9,424.24. The broad-based NSE Nifty climbed 50.85 points, or 1.80% at 2,874.80 Top Gainer were JP Associates(10.86%),Hindalco(7.60%),DLF(6.73%),Maruti(5.54%),Rel Comm(5.40%) Major losers were Sun Phrama(6.14%),BHEL(2.78%),Tata Motors(1.16%),Infosys(0.65%),NTPC(0.58%). Overall market breadth was positive. Out of the total 2,503 stocks traded at BSE, 1,379 advanced, 1,014 declined while 110 remained unchanged. The     INDEX CLOSE POINTS %CHANGE NIFTY 2,874.80 +50.85 1.80% SENSEX 9,424.24 +188.0 2.04%

TOP 3 GAINERS (source: bseindia.com) GAINERS LAST PRICE % GAIN JP ASSOCIATES 77.10 10.86 HINDALCO 49.55 7.60 DLF 176.10 6.73 TOP 3 LOSERS LOSERS LAST PRICE % LOSS SUN PHARMA 1073.00 6.14 BHEL 1318.00 2.78 TATA MOTORS 148.80 1.16

Debt Market Update for January 30, 2009

MIBOR 4.25%   FOREX $ Rupee 48.87/48.88 1 year fwd 1.92%-1.96% WPI INFLATION  5.64% Money market rates   CD 30 days 5-5.5% 90 days 6.00-6.25% 1 year 7%-7.25%   G SEC YIELD 30 year (6.83% GOI 2039) 7.11% 9 year (8.24% GOI 2018) 6.17% US 10 YR. yield 2.84%     NEXT AUCTION AS PER CALENDAR Jan 30-GOI-5 yr-Rs.3000 cr; 30 yr -Rs.3000 cr; 10 yr -4000 cr Last Auction Jan 30-GOI-5 yr-Rs.3000 cr; 30 yr -Rs.3000 cr; 10 yr -4000 cr TREASURY BILL AUCTION TENOR SIZE DATE CUT OFF PREVIOUS CUT OFF 91 day 8000 cr 28-Jan 4.79% 21-Jan 4.67% 182 day 1500 cr 21-Jan 4.55% 07-Jan 4.64% 364 day 1000 cr 28-Jan 4.59% 14-Jan 4.51% YIELD COMPARISON SECURITY TODAY 1 D Ago 1 Wk Ago  1 Mt Ago    30-Jan 29-Jan 23-Jan 30-Dec 8.24% GOI 2018 6.14% 6.11% 5.72% 5.27% 7.99% GOI 2017 6.49% 6.38% 6.31% 5.60% 6.83% GOI 2039 7.11% 6.89% 6.91% - CORPORATE  BOND MARKET Market Behavior and sentiment for the day: Corporate bond market was range-bound, with lack-luster activity. AAA BENCHMARKS / SPREADS 1Y 8.30 370 2Y 8.55 333 3Y 8.85 325 4Y 8.90 292 5Y 8.90 295 6Y 8.98 268 7Y 9.1 264 10Y 9.15 298

G-sec market comments: G-sec markets opened with negative bias ahead of auction  and weakened further on higher than expected auction cut-off yield and expectation of further additional G-Sec borrowings. The benchmark G-Sec bonds (8.24% GOI 2018) yields closed at 6.14% as against the previous close of 6.11%, on higher auction cut-off. Yields touched intra-day high of 6.31%. Liquidity was comfortable, with over night call money market rates touching intra-day low of 2%. The net RBI's LAF balance was positive at around Rs.56,460 cr. Next week, the markets are expected to take cues from  inflation, domestic liquidity position and global economic data-points.

Contact Us / Sign up a friend : Sources: NSE MIBOR, Top Gainers and Losers :- nse india.com.  Dollar/ Rupee Rate, Forward Premia, Repo amounts, Sensex / Nifty details, Tbill auction details, Auction details :- Reuters.  Gsec Benchmark and U.S. yields, Corporate yields :- Reuters, Bloomberg & RMF Team.  CP benchmark :- Bloomberg and RMF Fund Managers. FII flows :- sebi.gov.in Disclaimer and Unsubscription : You are receiving this emailer because you are an investor of Reliance Mutual Fund, or you have subscribed to our other daily emailers. Your privacy is very important to us. Click here to Unsubscribe. Since India has no anti-spamming law, we follow the US directive passed in Bill.1618 Title III by the 105th US Congress, which states that mail cannot be considered spam if it contains contact information, and a remove mechanism (which this email does) . Copyright © 2002. All Rights Reserved to Reliance Mutual Fund. The views expressed in this newsletter are those of Reliance Mutual Fund (RMF) and not that of the stock market or  the financial markets. RMF makes no representation as to the quality, liquidity or market perception on the securities/issuer/borrower, nor does it provide any guarantee whatsoever. The risk arising out of the purchase/participation in any issue will rest fully with you without any form of recourse to Reliance Mutual Fund.