MUMBAI, Feb 3 (Reuters) -
STOCKS:
The benchmark BSE Sensex rose 421.63 points, or 0.7%,
to 60,353.87, while the broader NSE index gained 50.8
points, or 0.29%, to 17,661.2, aided by a rise in financials and
optimism that the rate hike cycle may be near its end after
global central banks hinted at inflation easing, while the
ongoing rout in Adani group stock capped gains. RUPEE:
The Indian rupee weakened 0.01% versus the U.S. dollar,
and quoted at 82.18 per dollar, ahead of U.S. jobs report and
amid concerns over equity outflows GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 99.84
rupees, with yield down 1 bps at 7.2824%; vs previous close of
7.2959%, as traders await auction of new 10-year note. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was down
2 bps at 6.62%, while the benchmark five-year swap rate fell 3 bps to 6.11%.
CALL MONEY/REPOS:
India's overnight call money rate was unchanged at
6.10%. The overnight TREPS rate was at 6.00%,
compared with the previous day's weighted average of 5.9978%.
(Reporting by Dharamraj Dhutia)
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