STOCKS:
The benchmark BSE Sensex fell 141.87 points, or 0.24%,
to 59,463.93, while the broader NSE index lost 45.45
points, or 0.26%, to 17,465.8, 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:
The benchmark 10-year bond was quoted at 98.94
rupees, with the yield up 3 bps at 7.4181% as this financial
year's last debt auction added to supply, propelling yields to
rise for the third consecutive week. 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%. The overnight TREPS rate was at 6.82%,
compared with the previous day's weighted average of 6.3510%.
(Reporting by Bhakti Tambe)
MUMBAI, Feb 24 (Reuters) -
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