Markets 4 U

Equity Market Update for - January 20, 2009

Equity Markets For The Day The Sensex ended the day with a loss of 229.02 points, or 2.45% at 9,100.55. The broad-based NSE Nifty declined 49.60 points, or 1.74% at 2,796.60 Top Gainer were NTPC(4.15%),Rel Infra(1.70%),Tata Power(1.18%) Major losers today were Tata Steel(6.34%),Rel Comm(4.95%),Bharati Airtel(4.77%),JP Associates(4.55%),Sterlite(4.53%). Overall market breadth was sharply negative. Out of the total 2,455 stocks traded at BSE, 1,018 advanced, 1,342 declined while 95 remained unchanged   INDEX CLOSE POINTS %CHANGE NIFTY 2,796.60 - 49.60 1.74% SENSEX 9,100.55   -229.02  2.45%

TOP 3 GAINERS (source: nseindia.com) GAINERS LAST PRICE % GAIN NTPC 185.50 4.15 REL INFRA 544.20 1.70 TATA POWER 771.00 1.18 TOP 3 LOSERS LOSERS LAST PRICE % LOSS TATA STEEL 195.00 6.34 REL COMM 175.80 4.95 AIRTEL 616.10 4.77

Debt Market Update for January 20, 2009

MIBOR 4.26% FOREX $ Rupee 49.20/49.22 1 year fwd 1.84%-1.88% WPI INFLATION  5.24% CP BENCHMARK 90 Day NA   G SEC YIELD 27 year (8.33% GOI 2036) 7.07% 9 year (8.24% GOI 2018) 5.68% US 10 YR. yield 2.37%     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 8001CR 14-Jan 4.58% 07-Jan 4.71% 182 day 1500CR 07-Jan 4.64% 24-Dec 5.10% 364 day 1000CR 14-Jan 4.51% 31-Dec 4.78% YIELD COMPARISON SECURITY TODAY 1 D Ago 1 Wk Ago  1 Mt Ago    20-Jan 19-Jan 13-Jan 19-Dec 8.24% GOI 2018 5.68% 5.60% 5.68% 5.56% 7.99% GOI 2017 6.26% 6.09% 6.40% 5.93% 8.33% GOI 2036 7.07% 7.00% 7.11% 6.65% CORPORATE  BOND MARKET Market Behavior and sentiment for the day: Corporate bonds markets were lack-luster AAA BENCHMARKS / SPREADS 1Y 8.25 371 2Y 8.23 311 3Y 8.40 312 4Y 8.47 270 5Y 8.57 281 6Y 8.76 261 7Y 8.94 274 10Y 8.68 300

G-sec market comments: G-sec markets opened strong on expectations of rate cut, but were weak on profit-booking and expectations of auction announcements. The benchmark G-Sec bonds (8.24% GOI 2018) yields closed at 5.68% as against the previous close of 5.6%. Liquidity was  comfortable, with over night money market rates in 4% range. The net RBI's LAF balance was positive at around Rs.49,000 cr. This week, the markets are expected to take cues from   liquidity position and inflation numbers.

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.