Weekly Market Movement :
- 10 Yr Gsec benchmark yields rose by 3bps on a weekly basis.
- Weekly 6m & 1 year T-bill auction reported at slightly lower level than compared to previous auction.
- Domestic banking liquidity recorded a deficit of Rs. 1368 billion.
- INRBonds retail high yielding index yield rose by 19 bps.
- FII/FPIs Debt Inflows for Fy24 Stood at Rs.1206 Billion.
- Bank of Japan hiked rated for the first time in 17 years to 0%-0.10%.
- USDJPY paid weakened to 151 levels post rate hike by BOJ and Nikkei index touched all time highs.
- The US Federal Reserve kept rates unchanged in its latest policy meeting, leaving market participants uncertain about the timing of the first rate cut for the year.
- 10 Yr UST yield traded at 4.24%
- US junk bond yield index declined by 7bps as UST benchmark yields rose.
|
Market Data | |||
|
Particulars |
22/3/2024 |
15/3/2024 |
Change |
|
10 Yr Benchmark Gsec (%) |
7.09% |
7.06% |
3 bps |
|
Banking Liquidity (in Rs Billion) |
-1368 |
298 |
-559.06% |
|
5 Yr OIS (%) |
6.39% |
6.32% |
7 bps |
|
1 Yr OIS (%) |
6.78% |
6.74% |
4 bps |
|
INRBonds Retail High Yield Index |
9.787% |
9.597% |
19 bps |
|
Nifty |
22096 |
22023 |
0.33% |
|
10 Yr SDL |
7.43% |
7.41% |
2 bps |
|
91 Day T-Bill (%) |
6.88% |
6.85% |
3 bps |
|
182 Day T-Bill (%) |
7.12% |
7.09% |
3 bps |
|
10 Yr US Treasury Yield (%) |
4.24% |
4.31% |
-7 bps |
|
US Junk Bond Yield (%) |
7.50% |
7.57% |
-7 bps |
|
Brent Crude Oil (In USD per Barrel) |
86.04 |
85.34 |
0.82% |
|
Primary & Secondary Corporate Bonds Data | |||
|
Top 5 Secondary Retail Trades |
Maturity |
Yield |
- |
|
HDB Financial Services |
24-01-2025 |
8.22% |
|
|
M&M Financial Services |
25-04-2025 |
8.25% |
|
|
Cholamandalam Investment & Finance |
31-01-2029 |
8.53% |
|
|
UPPCL |
13-02-2026 |
8.34% |
|
|
Navi Finserv |
18-10-2025 |
10.58% |
|
|
Currency Market Data | |||
|
Particulars |
22/3/2024 |
15/3/2024 |
Change |
|
USD/INR |
83.545 |
82.891 |
0.79% |
|
DXY |
104.24 |
103.45 |
0.76% |
|
USD/ Brazil Real |
5.02 |
5.02 |
0.00% |
|
EUR/ USD |
1.0827 |
1.0888 |
-0.56% |
|
USD/CNY |
7.2295 |
7.196 |
0.47% |
|
USD/JPY |
151.02 |
149.07 |
1.31% |
|
USD/ Russian Ruble |
92.16 |
92.52 |
-0.39% |