MEDIA PICKS
* Modi promises to make India easiest place to do business.
* Delhi-bound train being searched for bomb in MP.
* Witness in Asaram Bapu's Surat rape case shot dead.
* Tharoor in Delhi; Cops may quiz him this week in Sunanda
Pushkar case.
* BJP eyes three-fourths majority in Bihar.
* J&K to have stable government soon: BJP.
RBI COUNTER
* DAILY LAF TENDERS: One set of 1-day reverse repo (at 7.00%)
and 1-day repo (at 8.00%). Bids for repo tender may be submitted between
0930 IST and 1030 IST, and for reverse repo between 1900 IST and 1930
IST.
MARKETS
Call : May open slightly above repo rate as most banks
likely to cover reserve needs early in
session. 1-day call: 8.00-8.35% vs 7.00% 2-day Saturday.
Bonds : Oil price, US yield may lend cues Mon. Buying ahead of
CPI data release to support.
10-yr bond yield:7.83-7.88% vs 7.84% Friday.
Rupee : May open steady to a tad down weighed by strong US jobs
data. Range:
62.0000-62.6000/$1 vs 62.3250/$1 Friday.
Stocks : Market to take cue from Oct-Dec earnings. Nifty range:
8151-8380. Friday end: 8284.50, up 49.90 points.
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