STOCKS:
The benchmark BSE Sensex fell 109.38 points, or 0.18%,
to 59,354.55, while the broader NSE index lost 63.2
points, or 0.36%, to 17,402.6,after U.S. data reinforced fears
of a prolonged high-interest rate regime. RUPEE:
The Indian rupee closed down 0.10% to 82.8350 per
dollar, as Asian currencies fell on the prospect of the Federal
Reserve hiking interest rates further and for longer. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 98.74
rupees, with yield up 3 bps at 7.4473%, tracking a jump in U.S.
yields on back of the inflation data. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was up 6
bps at 7.06%, while the benchmark five-year swap rate rose 8 bps to 6.72%.
CALL MONEY/REPOS:
India's overnight call money rate was unchanged at
6.70% against 6.70% in the previous session. The overnight TREPS
rate was at 6.80%, compared with the previous
day's weighted average of 6.6792%.
(Reporting by Anushka Trivedi)
(.)
MUMBAI, Feb 22 (Reuters) -
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