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WHOLESALE DEBT MARKET NVS BROKERAGE PVT. LTD. DAILY UPDATES –2 nd Dec,2013.

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Wholesale debt market nvs brokerage pvt ltd

WHOLESALE DEBT MARKETNVS BROKERAGE PVT. LTD.

DAILY UPDATES –2nd Dec,2013

  • The Nifty climbed 41.75 points or 0.68% to close at 6,217.85. The Sensex rose 106.08 points or 0.51% to 20,898.01. The market closed near one-month high on improvement in GDP and PMI data, continuing an up move for the third consecutive session on Monday.

  • In the domestic market, gold for December delivery on MCX was 0.55 percent lower at 30073 rupees per 10 grams at 12:18 GMT investors jittery ahead of key US data this week that could provide clues on when the Federal Reserve will begin scaling back its monetary stimulus.

  • Brent crude lowered 104 cents to $109.69 a barrel on Monday after Chinese data showed strong industrial activity and as social and political unrest in Libya limited supply from the key North African producer.

  • The Indian rupee closed at lower rate on back of better GDP and PMI data.The partially convertible rupee ended steady at 62.32 per dollar

  • 10Y G-Sec rates were volatile and were trading at a yield of 8.72.

  • LAF Auction Result Bids received and accepted amount was Rs. 251.22bn.

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