MUMBAI, March 6 (Reuters) - STOCKS:
The benchmark BSE Sensex rose 415.49 points, or 0.69%,
to 60,224.46, while the broader NSE index gained 117.1
points, or 0.67%, to 17,711.45 after strong economic data from
the United States and investment in the Adani group of companies
boosted risk appetite. RUPEE:
The Indian rupee strengthened 0.07% versus the U.S.
dollar, and quoted at 81.94 per dollar attempting to build on
recent gains as U.S. Treasury yields cooled and domestic
equities rallied. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 98.88
rupees, with yield up 1 bp at 7.4262%; vs previous close of
7.4161% as traders await fresh triggers, while trading volumes
were shallow ahead of a holiday. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was down
3 bps at 6.98%, while the benchmark five-year swap rate fell 4 bps to 6.57%.
CALL MONEY/REPOS:
India's overnight call money rate was up 50 bps at
6.20% against 5.70% in the previous session. The overnight TREPS
rate was at 6.29%, compared with the previous
day's weighted average of 6.2345%.
(Reporting by Bhakti Tambe; Editing by Dhanya Ann Thoppil)
bhakti.rajendratambe.thomsonreuters.com@reuters.net Twiter: ))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.