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

As per our estimates
As per our estimates, CPI for the month of October stood at 3.58% as opposed to 3.28% in September mainly on account of a significant rise in Food and Fuel prices. Core CPI in the current reading saw some moderation, standing at 4.55% compared to 4.61% last month.
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Standing 100 bps
Standing 100 bps higher, WPI came in at 3.59% in October compared to 2.60% in the previous month.
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Industrial production
Industrial production as measured by IIP grew at 3.8% in Oct-17, moderating from 4.5% growth observed in Sep-17, largely led by a surprising momentum in the Mining sector.
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