Rupee trips to 43.38 as firms rush for dollars
The rupee hit a new low of 43.38 on Tuesday on the back of good corporate demand for the greenback in a thin market and closed at 43.36/37 registering the lowest ever closing. With this, the currency has lost about 50 paise over the last one week. The rupee had closed at 42.88 last Tuesday.

Reserve Bank gets active in open market, puts 5 gilts on sale window
The Reserve Bank of India in one the most aggressive open market operations (OMO) in recent times has put out five attractive securities in its latest sale list. The RBI has a cumulative amount of Rs 17,250 crore worth of government securities on its account through the five securities put on the sale window. The apex bank mopped up nearly Rs 90 crore on the first day of the OMO itself.

Indian Oil GDR offering likely in October
Indian Oil Corporation's (IOC) global depository receipts (GDR) issue is slated to hit the road around October, possibly close on the heels of the Concor disinvestment programme. While domestic issues may still be part of the disinvestment programme at large, the shedding of government stake in Indian Oil will for now, be restricted to an equity offer abroad.

  China to float $32.5 billion special bonds
  Deficit in global copper supply likely
  Commodity Briefing
  Resurgent India Bonds rake in $2.25 billion in first 10 days
  Sensex dips to 20-month low; next support level at 2,833 pts
  UTI routes US-64 collections to equity segment as valuations turn attractive
  There is a new crack in the fabric of Indian stocks
  ICICI likely to remain bearish
  Groundnut oil touches Rs 565; sugar dips
  FIIs pulled out $50m last week
  57 `A' group stocks witness free fall
  Foreign promoters to hike stake in Kerala Chemicals
  Reliance GDR hammered to rupee equivalent of Rs 101.5
  NSE FORECAST
  SEs with badla may rally against rolling settlement
  Asian markets end mixed
  Tea prices likely to be hit
  Market Round-Up
  Financial Briefing