Bond yield eased Rs 16,000 crore government bond auction came in line with market expectations. Also, appreciation in Rupee kept the market sentiments positive.
The weighted average rate in the overnight call money increased to 7.63% compared with 7.62% in previous session. The call money rate hovered in the range of 6.00% to 8.00% with the volume of Rs 13,941.83 crore.