MUMBAI, March 10 (Reuters) -
STOCKS:
The benchmark BSE Sensex fell 782.71 points, or 1.31%,
to 59,023.57, tracking an overnight selloff in U.S. equities
that was lead by banking names. The broader NSE index lost 244.05 points, or 1.39%, to 17,345.55. RUPEE:
The Indian rupee weakened 0.07% to 82.04 per U.S.
dollar on broad risk aversion ahead of the U.S. jobs report. GOVERNMENT BONDS:
The benchmark 10-year bond was quoted at 99.03
rupees, with the yield down 4 bps at 7.4036% following an
overnight rally on U.S. bonds. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was down
10 bps at 6.97%, while the benchmark five-year swap rate fell 13 bps to 6.52%.
CALL MONEY/REPOS:
India's overnight call money rate was unchanged at
6.35%. The overnight TREPS rate was at 6.25%,
compared with the previous day's weighted average of 6.3099%.
(Reporting by Nimesh Vora)
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.