(.)
MUMBAI, Feb 6 (Reuters) -
STOCKS:
The benchmark BSE Sensex fell 289.38 points, or 0.48%,
to 60,552.5, while the broader NSE index lost 66.25
points, or 0.37%, to 17,787.8, dragged down by IT services
companies, after a strong U.S. jobs report renewed fears that
the Federal Reserve was likely to continue with aggressive rate
hikes for longer. RUPEE:
The Indian rupee weakened 0.75% versus the U.S. dollar,
and quoted at 82.45 per dollar, after the U.S. jobs report
fuelled bets that the Federal Reserve will keep hiking interest
rates GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 99.61
rupees, with yield up 4 bps at 7.3175%; vs previous close of
7.2776%, tracking spike in U.S. yields, and as traders await RBI
policy decision. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was up 6
bps at 6.65%, while the benchmark five-year swap rate rose 8 bps to 6.18%.
CALL MONEY/REPOS:
India's overnight call money rate was up 35 bps at
6.05% against 5.70% in the previous session. The overnight TREPS
rate was at 6.05%, compared with the previous
day's weighted average of 6.0987%.
(Reporting by Dharamraj Dhutia)
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