MUMBAI, Feb 24 (Reuters) -
STOCKS:
The benchmark BSE Sensex fell 142.03 points, or 0.24%,
to 59,463.77, while the broader NSE index lost 39.1
points, or 0.22%, to 17,472.15, posting their worst week in more
than eight months on fears of aggressive interest rate hikes by
global central banks and a fall in liquidity. RUPEE:
The Indian rupee closed nearly flat at 82.75 per dollar
and was little changed over the week, avoiding the decline in
other Asian currencies, thanks to a likely intervention by the
country's central bank. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 98.98
rupees, with yield up 2 bps at 7.4121%, after
higher-than-expected cutoff yield for the 14-year bond at
auction. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was up 1
bps at 6.98%, while the benchmark five-year swap rate rose 2 bps to 6.62%.
CALL MONEY/REPOS:
India's overnight call money rate was up 20 bps at
6.70% against 6.50% in the previous session. The overnight TREPS
rate was at 6.82%, compared with the previous
day's weighted average of 6.3510%.
(Reporting by Anushka Trivedi)
anushka.trivedi.thomsonreuters.com@reuters.net))
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