Markets 4 U

Equity Market Update for - January 29, 2009

Equity Markets For The Day The Sensex ended the day with a loss of 21.19 points, or 0.23% at 9,236.28. The broad-based NSE Nifty fell 25.55 points, or 0.90% at 2,823.95. Top Gainer were M&M(5.16%),JP Associates(4.46%),Maruti(4.32%),Tata Motors(3.58%), Hindalco(3.37%). Major losers were DLF(8.72%),Airtel(4.75%),Wipro(3.56%),BHEL(3.06%),Rel Comm(2.64%). Overall market breadth was negative. Out of the total 2,506 stocks traded at BSE, 1,152 advanced, 1,258 declined while 96 remained unchanged The     INDEX CLOSE POINTS %CHANGE NIFTY 2,823.95 -25.55 0.90% SENSEX 9,236.28 -21.19 0.23%

TOP 3 GAINERS (source: bseindia.com) GAINERS LAST PRICE % GAIN M&M 298.50 5.16 JP ASSOCIATES 69.15 4.46 MARUTI 543.00 4.32 TOP 3 LOSERS LOSERS LAST PRICE % LOSS DLF 162.20 8.72 AIRTEL 622.55 4.75 WIPRO 226.00 3.56

Debt Market Update for January 29, 2009

MIBOR 4.21%   FOREX $ Rupee 48.97/48.98 1 year fwd 1.87%-1.92% WPI INFLATION  5.64% Money market rates   CD 30 days 5-5.5% 90 days 6.25-6.5% 1 year 7%-7.25%   G SEC YIELD 30 year (6.83% GOI 2039) 6.89% 9 year (8.24% GOI 2018) 6.11% US 10 YR. yield 2.68%     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 16-GOI-5 yr-Rs. 4000 cr; 9 yr -Rs. 3000 cr, 30yr - Rs. 3000 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    29-Jan 28-Jan 22-Jan 29-Dec 8.24% GOI 2018 6.11% 6.04% 5.81% 5.55% 7.99% GOI 2017 6.38% 6.45% 6.34% 5.90% 6.83% GOI 2039 6.89% 7.07% 7.10% - CORPORATE  BOND MARKET Market Behavior and sentiment for the day: Corporate bond market was range-bound, with lack-luster activity. AAA BENCHMARKS / SPREADS 1Y 8.00 353 2Y 8.50 329 3Y 8.70 310 4Y 8.70 294 5Y 8.80 289 6Y 9.01 267 7Y 8.95 259 10Y 9.05 301

G-sec market comments: G-sec markets rallied at the longer end of the curve. The cut-off of MSS repurchase auction security was at 4.29%. The benchmark G-Sec bonds (8.24% GOI 2018) yields closed at 6.11% as against the previous close of 6.04%, on higher inflation numbers. Liquidity was comfortable, with over night money market rates in 3.5%-4.5% range. The net RBI's LAF balance was positive at around Rs.61,505 cr. This week, the markets is expected to take cues from G-sec auction cut-off, 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.