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India stocks, rupee, swaps, call at 10:05 a.m. IST

STOCKS:

The benchmark BSE Sensex SENSEX rose 86.61 points, or 0.14%, to 60,244.33, while the broader NSE index NIFTY advanced 41.6 points, or 0.2%, to 17,763.9 amid mixed Asian cues and a slight uptick on U.S. equity futures.

RUPEE:

The Indian rupee USDINR was marginally up versus the U.S. dollar at 82.10 per dollar with traders eyeing the pivotal U.S. inflation data.

GOVERNMENT BONDS:

Benchmark 10-year bond (IN072632G=CC) was quoted at 100.23 rupees, with yield unchanged at 7.2234% before India inflation data that is expected to show that headline inflation dropped below 6%.

OVERNIGHT INDEXED SWAPS:

The one-year overnight indexed swap rate (INRAMONMI1Y=) was down 1 bps at 6.56%, while the benchmark five-year swap rate (INRSMONMI5Y=) fell 2 bps to 6.08%.

CALL MONEY/REPOS:

India’s overnight call money (INROND=) rate was up 5 bps at 6.35% against 6.30% in the previous session. The overnight TREPS rate (INTREPTOT=TCCL) was at 6.28%, compared with the previous day’s weighted average of 6.2842%.

source: reuters

Shaz

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