MUMBAI, Feb 1 (Reuters) -
STOCKS:
The benchmark BSE Sensex rose 332.93 points, or 0.56%,
to 59,882.83, while the broader NSE index gained 95.95
points, or 0.54%, to 17,758.1, ahead of the Union budget, which
will be closely vetted by investors for government measures to
aid the long-term growth of the economy. RUPEE:
The Indian rupee strengthened 0.18% versus the U.S.
dollar, and quoted at 81.77 per dollar, helped by decline in
Treasury yields following weak U.S. economic data. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 99.48
rupees, with yield down 1 bps at 7.3357%, as market participants
awaited the federal budget announcement due in the next few
minutes. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was
unchanged at 6.71%, while the benchmark five-year swap rate stayed fixed to 6.27%.
CALL MONEY/REPOS:
India's overnight call money rate was down 15 bps at
6.30% against 6.45% in the previous session. The overnight TREPS
rate was at 6.20%, compared with the previous
day's weighted average of 6.4237%.
(Reporting by Anushka Trivedi)
anushka.trivedi.thomsonreuters.com@reuters.net))
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