GLOBAL MARKETS ROUNDUP
* Asian shares slipped on Thursday after Wall Street shares
stepped back from record levels while the civil war in Iraq
supported oil prices.
* The euro hovered near a four-month low versus the dollar
on Thursday, hobbled by a widening yield gap between euro zone
bonds and their major peers, while the New Zealand dollar rose
after the central bank retained its hawkish bias.
* Brent oil futures climbed toward $110 a barrel on
Wednesday as violence in Iraq prompted worries about the supply
outlook, while U.S. crude struggled to make gains near key
levels of resistance.
* U.S. Treasury debt prices were flat to slightly lower on
Wednesday in thin trading, after a lacklustre 10-year auction
that raised concerns about weakening demand for long-term
government paper.
LOCAL MARKETS PREVIOUS CLOSE
* BSE index 25,473.89 (down 0.43 pct)
* NSE index 7,626.85 (down 0.39 pct)
* Rupee 59.27/28 per dlr (59.29/30)
* 10-year bond yield 8.54 pct (8.56 pct)
* 5-year OIS rate 7.82 pct (7.80 pct)
* 1-year OIS rate 8.24 pct (8.23 pct)
* Call money 7.40/7.50 pct (7.00/7.10)
KEY FACTORS/EVENTS TO WATCH
* India CPI data for May (1200 GMT)
* IIP data for April (1200 GMT)
* RBI Deputy gov H.R. Khan at a banking industry event.
OVERNIGHT NEWS
* India attracted 93.61 billion rupees ($1.58 billion) worth
of bids from foreign investors in its auction of government debt
limits on Wednesday, higher than the 71.52 billion rupees on
offer, according to three dealers.
* Indian economic data on Thursday is likely to offer some
cheer for new Prime Minister Narendra Modi by showing a pick-up
in industrial activity and easing inflation.
USD/INR NDFs (NY closing prices)
For up-to-date prices, double click
Close Open High Low Volume
59.56-59 59.54 59.58 59.47 N/A
FII INVESTMENTS-EQUITIES (Net dollars)
June 11* -$52.94 mln
Month-to-date** $1.76 bln
Year-to-date** $9.36 bln
* Provisional NSE data
** Source: Data as per the latest custodial filing as on
June 11 on SEBI website.
FII INVESTMENTS-DEBT (Net Dollars) INFIX INFII01* Debt
June 10 $305.8 mln
Month-to-date $2.56 bln
Year-to-date $10.16 bln
* Source: Data as per latest custodial filing as on June 11
on SEBI website.
GOVERNMENT SECURITIES TRADING (Net buy/sell, in rupees)
June 11
Foreign Banks -1.73 bln
Public Sector Banks -22.33 bln
Private Sector Banks 14.11 bln
Mutual Funds -0.12 bln
Others -0.30 bln
Primary Dealers 10.38 bln
Source: Clearing Corp of India Ltd
===========================================================
Instrument Payment Date Amount
(mln rupees)
===========================================================
SDL 06.95%, 2018 Interest Jun 12 260.63
(TAMIL NADU)
SDL 07.00%, 2018 Interest Jun 12 247.81
(3 States)
SDL 07.02%, 2018 Interest Jun 12 246.46
(PUNJAB)
SDL 07.03%, 2018 Interest Jun 12 790.88
(2 States)
SDL 07.10%, 2018 Interest Jun 12 532.50
(ANDHRA PRADESH)
6.05% 2019 Interest Jun 12 3327.50
6.17% 2023 Interest Jun 12 4319.00
8.83% 2041 Interest Jun 12 39735.00
91 days T-Bill Redemption Jun 12 83073.80
364 days T-Bill Redemption Jun 12 50000.00
-------------------------------------------------------------
LIQUIDITY
* The Reserve Bank of India said on Wednesday it accepted
all 52 bids for 184.22 billion rupees ($3.11 billion) at its
one-day repo auction, through which it injects liquidity into
the banking system.
* Indian banks' refinancing with RBI falls to 239.99 billion
rupees.
* Indian banks' cash balances with RBI rise to 3.25 trillion
rupees.
* Asian shares slipped on Thursday after Wall Street shares
stepped back from record levels while the civil war in Iraq
supported oil prices.
* The euro hovered near a four-month low versus the dollar
on Thursday, hobbled by a widening yield gap between euro zone
bonds and their major peers, while the New Zealand dollar rose
after the central bank retained its hawkish bias.
* Brent oil futures climbed toward $110 a barrel on
Wednesday as violence in Iraq prompted worries about the supply
outlook, while U.S. crude struggled to make gains near key
levels of resistance.
* U.S. Treasury debt prices were flat to slightly lower on
Wednesday in thin trading, after a lacklustre 10-year auction
that raised concerns about weakening demand for long-term
government paper.
LOCAL MARKETS PREVIOUS CLOSE
* BSE index 25,473.89 (down 0.43 pct)
* NSE index 7,626.85 (down 0.39 pct)
* Rupee 59.27/28 per dlr (59.29/30)
* 10-year bond yield 8.54 pct (8.56 pct)
* 5-year OIS rate 7.82 pct (7.80 pct)
* 1-year OIS rate 8.24 pct (8.23 pct)
* Call money 7.40/7.50 pct (7.00/7.10)
KEY FACTORS/EVENTS TO WATCH
* India CPI data for May (1200 GMT)
* IIP data for April (1200 GMT)
* RBI Deputy gov H.R. Khan at a banking industry event.
OVERNIGHT NEWS
* India attracted 93.61 billion rupees ($1.58 billion) worth
of bids from foreign investors in its auction of government debt
limits on Wednesday, higher than the 71.52 billion rupees on
offer, according to three dealers.
* Indian economic data on Thursday is likely to offer some
cheer for new Prime Minister Narendra Modi by showing a pick-up
in industrial activity and easing inflation.
USD/INR NDFs (NY closing prices)
For up-to-date prices, double click
Close Open High Low Volume
59.56-59 59.54 59.58 59.47 N/A
FII INVESTMENTS-EQUITIES (Net dollars)
June 11* -$52.94 mln
Month-to-date** $1.76 bln
Year-to-date** $9.36 bln
* Provisional NSE data
** Source: Data as per the latest custodial filing as on
June 11 on SEBI website.
FII INVESTMENTS-DEBT (Net Dollars) INFIX INFII01* Debt
June 10 $305.8 mln
Month-to-date $2.56 bln
Year-to-date $10.16 bln
* Source: Data as per latest custodial filing as on June 11
on SEBI website.
GOVERNMENT SECURITIES TRADING (Net buy/sell, in rupees)
June 11
Foreign Banks -1.73 bln
Public Sector Banks -22.33 bln
Private Sector Banks 14.11 bln
Mutual Funds -0.12 bln
Others -0.30 bln
Primary Dealers 10.38 bln
Source: Clearing Corp of India Ltd
===========================================================
Instrument Payment Date Amount
(mln rupees)
===========================================================
SDL 06.95%, 2018 Interest Jun 12 260.63
(TAMIL NADU)
SDL 07.00%, 2018 Interest Jun 12 247.81
(3 States)
SDL 07.02%, 2018 Interest Jun 12 246.46
(PUNJAB)
SDL 07.03%, 2018 Interest Jun 12 790.88
(2 States)
SDL 07.10%, 2018 Interest Jun 12 532.50
(ANDHRA PRADESH)
6.05% 2019 Interest Jun 12 3327.50
6.17% 2023 Interest Jun 12 4319.00
8.83% 2041 Interest Jun 12 39735.00
91 days T-Bill Redemption Jun 12 83073.80
364 days T-Bill Redemption Jun 12 50000.00
-------------------------------------------------------------
LIQUIDITY
* The Reserve Bank of India said on Wednesday it accepted
all 52 bids for 184.22 billion rupees ($3.11 billion) at its
one-day repo auction, through which it injects liquidity into
the banking system.
* Indian banks' refinancing with RBI falls to 239.99 billion
rupees.
* Indian banks' cash balances with RBI rise to 3.25 trillion
rupees.
