

GLOBAL MARKETS ROUNDUP
* Asian shares advanced on Friday morning after brisk U.S.
factory activity data and a commitment to easy monetary policy
by European central banks and the Federal Reserve buoyed Wall
Street to record highs overnight.
* The U.S. dollar held onto overnight gains early in Asia on
Friday, having posted its biggest one-day rally in a month after
a batch of upbeat economic data supported the Federal Reserve's
plan to start reducing stimulus this year.
* U.S. crude oil prices rose more than 2 percent on
Thursday, narrowing the discount to European Brent for a second
day, on a wave of surprisingly upbeat global economic data and
supply disruptions in Africa and Iraq.
* U.S. Treasuries prices fell on Thursday with benchmark
yields rising near two-year highs as encouraging readings on
jobs and factory activity supported the view the Federal Reserve
will dial back its bond purchases sooner rather than later.
LOCAL MARKETS PREVIOUS CLOSE
* BSE index 19,317.19 (-0.15 pct)
* NSE index 5,727.85 (-0.25 pct)
* Rupee 60.43/44 per dollar (60.40/41)
* 10-year bond yield 8.07 pct (8.17 pct)
* 5-year OIS rate 8.37 pct (8.41 pct)
* 1-year OIS rate 9.36 pct (9.49 pct)
* Call money 7.5/7.6 pct (9.75/9.85 pct)
KEY FACTORS/EVENTS TO WATCH
* India to sell stake in three companies via share auction.
* RBI chief to speak at event in Hyderabad.
* RBI forex reserves data.
OVERNIGHT NEWS
* India relaxed sourcing and investment rules for the retail
sector on Thursday in a renewed attempt to attract foreign
supermarket chains such as Wal-Mart Stores and Tesco .
DEALS
* India's federal cabinet on Thursday approved a proposal to
divest 10 percent of the government's stake in state refiner
Indian Oil Corp Ltd, Information and Broadcasting
Manish Tewari told reporters.
* The $400m five-year term loan for Jindal Steel & Power has
closed following commitments from five banks in general
syndication. Of the eight mandated lead arrangers and
bookrunners - ANZ, Bank of America Merrill Lynch, Barclays, BNP
Paribas, Credit Agricole, Deutsche Bank, RBS and Standard
Chartered Bank - all but CA ended up with $36.428m each. The
French lender took $50m. (IFR)
USD/INR NDFs (NY closing prices)
* For up-to-date prices, double click
Close Open High Low Volume
61.13-17 61.23 61.18 60.89 High
FII INVESTMENTS-EQUITIES (Net dollars)
Aug 1* $29.54 mln#
Month-to-date** $28.98 mln
Year-to-date** $12.51 bln
* Provisional NSE data
** Source: Data as per custodial filing as on Aug 1 on SEBI
website.
#(As per Reuters conversion, $1 = 60.265 rupees)
FII INVESTMENTS-DEBT (Net Dollars)*
Debt
July 31 -$100.44 mln
Month-to-date -$100.44 mln
Year-to-date -$3.31 bln
* Source: Data as per custodial filing as on Aug 1 on SEBI
website.
GOVERNMENT SECURITIES TRADING (Net buy/sell, in rupees)
Aug 1
Foreign Banks 906.24 mln
Public Sector Banks 1.26 bln
Private Sector Banks 253.12 mln
Mutual Funds -4.15 bln
Others 697.22 mln
Primary Dealers 1.03 bln
Source: Clearing Corp of India Ltd
MONEY MARKET INFLOWS
Instrument Payment Date Amount
SDL 08.50%, 2021 Interest Aug 02 1721.25
(5 States)
SDL 08.53%, 2021 Interest Aug 02 106.63
(PUDUCHERRY)
6.05% FEB 2019 Interest Aug 02 16032.50
8.08% 2022 Interest Aug 02 25035.64
8.26% 2027 Interest Aug 02 30325.49
8.32% 2032 Interest Aug 02 6420.56
SDL 08.31%, 2020 Interest Aug 03 332.40
(GUJARAT)
SDL 08.32%, 2020 Interest Aug 03 166.40
(HARYANA)
SDL 08.34%, 2020 Interest Aug 03 625.50
(MAHARASHTRA)
SDL 08.39%, 2020 Interest Aug 03 827.97
(2 States)
SDL 08.40%, 2020 Interest Aug 03 404.25
(ASSAM)
SDL 08.44%, 2020 Interest Aug 03 79.34
(SIKKIM)
91 days T-Bill Redemption Aug 03 175000.00
182 days T-Bill Redemption Aug 03 40000.00
SDL 06.60%, 2013 Interest Aug 04 369.88
(3 States)
SDL 08.32%, 2020 Interest Aug 04 1014.00
(3 States)
SDL 08.37%, 2020 Interest Aug 04 502.20
(UTTAR PRADESH)
SDL 08.42%, 2020 Interest Aug 04 210.50
(JAMMU & KASHMIR)
ISSUANCES
INSTRUMENT AMOUNT (in bln rupees) DATE
Bonds 150 Aug 2
LIQUIDITY
* The RBI accepted all 61 repo bids for 377.16 billion
rupees at its one-day repo auction, through which it injects
liquidity into the banking system. It also accepted all 5 bids
for 4.03 billion rupees at its reverse repo auction, through
which it absorbs excess liquidity from the banking system.
* Indian banks' refinancing with RBI falls to 440.67
billion rupees.
* Indian banks' cash balances with RBI rise to 3.31 trillion
rupees.
(Compiled by Subhadip Sircar)
Keywords: MARKETS INDIA FX DEBT/PREOPENER
(subhadip.sircar@thomsonreuters.com)(+91-22-61807201)(Reuters Messaging: subhadip.sircar.thomsonreuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2013. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.














