MUMBAI, Feb 10 (Reuters) -
STOCKS:
The benchmark BSE Sensex fell 242.82 points, or 0.4%,
to 60,563.4, while the broader NSE index lost 60.2
points, or 0.34%, to 17,833.25, 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 strengthened 0.06% versus the U.S.
dollar, and quoted at 82.47 per dollar, amid choppy trading on
lingering worries over the Federal Reserve's rate hike path. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 99.30
rupees, with yield up 2 bps at 7.3631%; vs previous close of
7.3432%, as traders await debt auction result OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was down
1 bps at 6.79%, while the benchmark five-year swap rate rose 2 bps to 6.34%.
CALL MONEY/REPOS:
India's overnight call money rate was down 20 bps at
6.50% against 6.70% in the previous session. The overnight TREPS
rate was at 6.49%, compared with the previous
day's weighted average of 6.7113%.
(Reporting by Dharamraj Dhutia)
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