Markets 4 U

Equity Market Update for - January 27, 2009

Equity Markets For The Day The Sensex ended the day with a gain of 334.48 points, or 3.86% at 9,008.83. The broad-based NSE Nifty gained 92.80 points, or 3.46% at 2,771.35. Top Gainer were Sterlite(11.30%),Rel Infra(10.78%),Rel Comm(7.40%), Reliance(6.34%), Ranbaxy(6.16%). Major losers were ONGC(3.14%), L&T(0.79%). Overall market breadth was mixed. Out of the total 2,485 stocks traded at BSE, 1,217 advanced, 1,168 declined while 100 remained unchanged       INDEX CLOSE POINTS %CHANGE NIFTY   2,771.35 +92.80 3.46% SENSEX 9,008.83   +334.5  3.86%

TOP 3 GAINERS (source: bseindia.com) GAINERS LAST PRICE % GAIN STERLITE 266.50 11.30 REL INFRA 537.85 10.78 REL COMM 172.00 7.40 TOP 3 LOSERS LOSERS LAST PRICE % LOSS ONGC 625.55 3.14 L&T 635.80 0.79

Debt Market Update for January 27, 2009

MIBOR 4.22% FOREX $ Rupee 48.93/48.94 1 year fwd 1.89%-1.93% WPI INFLATION  5.60% CP BENCHMARK 90 Day NA   G SEC YIELD 30 year (6.83% GOI 2039) 7.11% 9 year (8.24% GOI 2018) 5.97% US 10 YR. yield 2.61%     NEXT AUCTION AS PER CALENDAR Jan 23-30-GOI-10-14 yr-Rs. 6000 cr; 20 yr and above -Rs. 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 8000CR 21-Jan 4.67% 14-Jan 4.58% 182 day 1500CR 21-Jan 4.55% 07-Jan 4.64% 364 day 1000CR 14-Jan 4.51% 31-Dec 4.78% YIELD COMPARISON SECURITY TODAY 1 D Ago 1 Wk Ago  1 Mt Ago    27-Jan 23-Jan 15-Jan 26-Dec 8.24% GOI 2018 5.97% 5.72% 5.55% 5.61% 7.99% GOI 2017 6.41% 6.31% 6.14% 6.14% 6.83% GOI 2039 7.11% 6.91% - - CORPORATE  BOND MARKET Market Behavior and sentiment for the day: Corporate bonds markets were lack-luster AAA BENCHMARKS / SPREADS 1Y 8.40 381 2Y 8.44 320 3Y 8.62 333 4Y 8.79 299 5Y 8.79 298 6Y 9.03 278 7Y 9.28 302 10Y 8.95 323

G-sec market comments: G-sec markets were weak on no change in the benchmark rates in RBI's policy meeting. The benchmark G-Sec bonds (8.24% GOI 2018) yields closed at 5.97% as against the previous close of 5.72%. Liquidity was  comfortable, with over night money market rates in 3%-4% range. The net RBI's LAF balance was positive at around Rs.51,765 cr. This week, the markets is expected to take cues from   Monetary policy meeting, domestic liquidity position and inflation numbers 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.