STOCKS:
The benchmark BSE Sensex fell 154.48 points, or 0.26%,
to 59,133.87, while the broader NSE index lost 35.35
points, or 0.20%, to 17,357.35 amid slide in metal stocks. RUPEE:
The Indian rupee strengthened 0.15% versus the U.S.
dollar, and quoted at 82.71 per dollar, as a decline in the
dollar index allowed risk assets to recover slightly. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 98.75
rupees, with yield down 1 bps at 7.4461%; vs previous close of
7.4533%, as traders await state debt sale result. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was down
3 bps at 7.00%, while the benchmark five-year swap rate fell 2 bps to 6.66%.
CALL MONEY/REPOS:
India's overnight call money rate was unchanged at
6.65% against 6.65% in the previous session. The overnight TREPS
rate was at 6.70%, compared with the previous
day's weighted average of 6.6372%.
(Reporting by Dharamraj Dhutia)
MUMBAI, Feb 28 (Reuters) -
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