MUMBAI, Feb 22 (Reuters) -
STOCKS:
The benchmark BSE Sensex fell 490.1 points, or 0.81%,
to 60,182.62, while the broader NSE index lost 115.45
points, or 0.65%, to 17,711.25, after strong economic data from
the U.S. kept investors worried that central banks would have to
keep raising interest rates, while markets waited for minutes
from the Federal Reserve's latest monetary policy meet. RUPEE:
The Indian rupee weakened 0.01% versus the U.S. dollar,
and quoted at 82.81 per dollar, tracking an overnight surge in
Treasury yields. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 99.03
rupees, with yield up 2 bps at 7.4040%; vs previous close of
7.3883%, tracking spike in U.S. yields, and as traders await RBI
policy minutes. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was
unchanged at 6.95%, while the benchmark five-year swap rate rose 3 bps to 6.60%.
CALL MONEY/REPOS:
India's overnight call money rate was up 10 bps at
6.65% against 6.55% in the previous session. The overnight TREPS
rate was at 6.59%, compared with the previous
day's weighted average of 6.5121%.
(Reporting by Dharamraj Dhutia)
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