STCI Primary Dealer Ltd.

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Money Market


Money market refers to all those instruments with a maturity of less than a year. Large borrowers avail resources from these markets in order to finance their short term needs. The money market is typically seen as a safe place to put money due the highly liquid nature of the securities and short maturities.

STCI PD is highly active in these markets and has access to the same. These short term instruments include:

Latest News

India retail inflation
India’s retail inflation for Apr-18 stood 30 bps higher at 4.58%, as compared to 4.28% in Mar-18 as inflationary pressures emanated from the food and services components. Additionally, core inflation stood significantly higher at 5.92%, upward from 5.37% in Mar-18.
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Inflation based
Inflation based on the Wholesale Price Index came in at a four month high of 3.18% as compared to 2.47% in the previous month, primarily led by a sharp rise in the prices of food and fuel components.
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The country barometer
The country’s barometer of economic productivity, IIP moderated to 4.36% in Mar-18 after posting robust activity of 7.00% in the previous reading mainly due to a large unfavorable statistical base. In fact, sequential momentum saw a significant uptick across Mining (19.3% mom), Manufacturing (6.7% mom) and Electricity (15.1% mom).
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