MUMBAI, Feb 10 (Reuters) -
STOCKS:
The benchmark BSE Sensex fell 217.97 points, or 0.36%,
to 60,588.25, while the broader NSE index lost 77.7
points, or 0.43%, to 17,815.75, tracking a slide in global
equities on fears of a looming U.S. recession, and as sentiment
soured after index provider MSCI said it will cut the weightings
of four Adani Group companies. RUPEE:
The Indian rupee weakened 0.11% versus the U.S. dollar,
and quoted at 82.61 per dollar, racking losses on most Asian
currencies and shares on concerns over rising U.S. yields. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 99.33
rupees, with yield up 2 bps at 7.3590%, as market participants
awaited yet another supply of bonds through the upcoming weekly
debt auction. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was down
2 bps at 6.78%, while the benchmark five-year swap rate rose 2 bps to 6.34%.
CALL MONEY/REPOS:
India's overnight call money rate was down 5 bps at
6.65% against 6.70% in the previous session. The overnight TREPS
rate was at 6.61%, compared with the previous
day's weighted average of 6.7113%.
(Reporting by Anushka Trivedi)
anushka.trivedi.thomsonreuters.com@reuters.net))
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