MUMBAI, Feb 17 (Reuters) -
STOCKS:
The benchmark BSE Sensex fell 341.38 points, or 0.56%,
to 60,978.13, while the broader NSE index lost 74.1
points, or 0.41%, to 17,961.75, tracking broad losses across
Asian gauges on concerns over rising Treasury yields. RUPEE:
The Indian rupee weakened 0.06% versus the U.S. dollar,
to 82.77 following hawkish comments from two U.S. Federal
Reserve officials. GOVERNMENT BONDS:
The benchmark 10-year bond was quoted at 99.23
rupees, with the yield up 3 bps at 7.3744% as traders await debt
auction results. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was up 6
bps at 6.94%, while the benchmark five-year swap rate rose 9 bps to 6.51%.
CALL MONEY/REPOS:
India's overnight call money rate was down 5 bps at
6.25%. The overnight TREPS rate was at 6.56%,
compared with the previous day's weighted average of 6.2384%.
(Reporting by Nimesh Vora)
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.