(.)
MUMBAI, Feb 14 (Reuters) - STOCKS:
The benchmark BSE Sensex rose 600.42 points, or 0.99%,
to 61,032.26, while the broader NSE index gained 158.95
points, or 0.89%, to 17,929.85 tracking gains in global equities
ahead of U.S. inflation data due later in the day, while
investors brushed off the impact of worse-than-expected domestic
inflation numbers from Monday. RUPEE:
The Indian rupee declined marginally versus the U.S.
dollar, and quoted at 82.76 per dollar as traders and corporates
waited for U.S. inflation data due later in the day for further
cues. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 99.26
rupees, with yield marginally higher at 7.3692%; vs previous
close of 7.3646% after domestic retail inflation overshot the
central bank's tolerance band in January, cementing bets of one
more rate hike by the central bank. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was up 5
bps at 6.89%, while the benchmark five-year swap rate rose 2 bps to 6.43%.
CALL MONEY/REPOS:
India's overnight call money rate was down 15 bps at
6.35% against 6.50% in the previous session. The overnight TREPS
rate was at 6.28%, compared with the previous
day's weighted average of 6.3383%.
(Reporting by Bhakti Tambe)
bhakti.rajendratambe.thomsonreuters.com@reuters.net Twiter: ))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.