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

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India’s Q1 FY18 GDP rose to 5.7% compared to 6.1% in the previous quarter and 7.9% in the corresponding period a year ago. GVA growth stood at 5.6% unchanged from Q4 FY17.
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India’s eight-core sector output grew by 2.4% in July compared to 0.8% a month ago led by growth in sectors including coal, steel and electricity.
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CPI for the month of August stood 100 bps higher at 3.36% vis-à-vis 2.36% in the previous month as a result of a surge in vegetable prices, impact of House Rent Allowances as well as introduction of GST.
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Industrial growth (IIP) saw a modest expansion of 1.2% in July after contracting by 0.1% in June mainly on account of an expansion in electricity and mining sectors.
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Reaching a four month high, wholesale inflation quickened to 3.24% in Aug-2017 from 1.88% observed in the previous month. Though a surge in food prices continued to be a major influence, a sequential increase in prices of fuel and manufactured products contributed to this uptick.
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