MUMBAI, Feb 17 (Reuters) -
STOCKS:
The benchmark BSE Sensex fell 316.94 points, or 0.52%,
to 61,002.57, while the broader NSE index lost 88.6
points, or 0.49%, to 17,947.25, after a fresh slate of U.S.
economic data underscored bets that the Federal Reserve would
keep interest rates higher for longer. RUPEE:
The Indian rupee weakened 0.14% versus the U.S. dollar,
and quoted at 82.83 per dollar, on concerns over surging U.S.
yields. GOVERNMENT BONDS:
The benchmark 10-year bond was quoted at 99.14
rupees, with the yield up 4 basis points at 7.3874% after the
RBI devolved 10-year bond on primary dealers. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was up 5
basis points at 6.93%, while the benchmark five-year swap rate rose 9 basis points to 6.51%.
CALL MONEY/REPOS:
India's overnight call money rate was up 5 basis
points at 6.35%. The overnight TREPS rate was
at 6.52%, compared with the previous day's weighted average of
6.2384%.
(Reporting by Dharamraj Dhutia)
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