MUMBAI, Feb 15 (Reuters) -
STOCKS:
The benchmark BSE Sensex fell 116.53 points, or 0.19%,
to 60,915.73, while the broader NSE index lost 62.25
points, or 0.35%, to 17,867.6, on fears of a prolonged
high-interest rate regime in the United States after data showed
consumer inflation in January remained sticky. RUPEE:
The Indian rupee weakened 0.11% versus the U.S. dollar,
and quoted at 82.86 per dollar, after the U.S. inflation print
cemented expectations of more Federal Reserve rate hikes. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 99.37
rupees, with yield down 2 bps at 7.3529%, as traders covered
short positions after inflation prints from the United States
and India. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was
unchanged at 6.89%, while the benchmark five-year swap rate rose 2 bps to 6.45%.
CALL MONEY/REPOS:
India's overnight call money rate was down 5 bps at
6.30% against 6.35% in the previous session. The overnight TREPS
rate was at 6.25%, compared with the previous
day's weighted average of 6.2761%.
(Reporting by Anushka Trivedi)
anushka.trivedi.thomsonreuters.com@reuters.net))
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