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 Consumer Price-based inflation
India’s Consumer Price-based inflation for April 2019 came in at 2.92% compared to 2.86% a month prior. Core CPI decelerated to 4.54% in April from 4.99% a month ago.
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Industrial production
Industrial production fell to 21-month lows of -0.1% in Mar-19. Cumulatively, IIP for FY19 stood at 3.6%, lower than 4.4% in FY18. Nonetheless, significant sequential uptick was observed across all sectors: Mining sector grew by 17.9%, Manufacturing grew by 8% and Electricity sector grew by 16.9%
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Wholesale Price inflation (WPI)
Wholesale Price inflation (WPI) stood at 3.07% for Apr-19 compared to 3.18% in Mar-19 despite significant upside momentum in the prices of primary articles due to a favourable base.
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