Markets 4 U

Equity Market Update for - February  02, 2009

Equity Markets For The Day The Sensex ended the day with a loss of 357.54 points, or 3.79% at 9,066.70. The broad-based NSE Nifty declined 108.15 points, or 3.76% at 2,766.65 Top Gainer was HUL(0.31%). Major losers were JP Associates(14.30%),DLF(13.69%),Rel Infra(11.21%),HDFC(8.25%),ICICI Bank(7.76%). Overall market breadth was extremely negative. Out of the total 2,527 stocks traded at BSE, 866 advanced, 1,576 declined while 85 emained unchanged. The     INDEX CLOSE POINTS %CHANGE NIFTY 2,766.65 -108.15 3.76% SENSEX 9,066.70 -357.54 3.79%

TOP 3 GAINERS (source: bseindia.com) GAINERS LAST PRICE % GAIN HUL 262.00 0.31             TOP 3 LOSERS LOSERS LAST PRICE % LOSS JP ASSOCIATES 65.35 14.30 DLF 152.95 13.69 REL INFRA 517.00 11.21

Debt Market Update for February  02, 2009

MIBOR 4.25%   FOREX $ Rupee 48.92/48.93 1 year fwd 1.99%-2.03% WPI INFLATION  5.64% Money market rates   CD 30 days 4.60-4.75% 90 days 6.00-6.25% 1 year 7.25%-7.50%   G SEC YIELD 30 year (6.83% GOI 2039) 7.13% 9 year (8.24% GOI 2018) 6.22% US 10 YR. yield 2.81%     NEXT AUCTION AS PER CALENDAR Feb 6-9 - GOI- 5-9 yr - Rs.5000 cr; 15-19 yr - Rs.2000 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    02-Feb 30-Jan 23-Jan 02-Jan 8.24% GOI 2018 6.22% 6.14% 5.72% 5.07% 7.99% GOI 2017 6.39% 6.49% 6.31% 5.41% 6.83% GOI 2039 7.13% 7.11% 6.91% 6.22% 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 strong on expectations of monetary easing, but was weak during the day on  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 6.14%, on higher auction cut-off. Liquidity was comfortable, with money market rates in the range of 3.5%-4.5%. The net RBI's LAF balance was positive at around Rs.48,000 cr. This 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.