(.)
MUMBAI, March 9 (Reuters) -
STOCKS:
The benchmark BSE Sensex fell 541.81 points, or 0.9%,
to 59,806.28, while the broader NSE index lost 164.8
points, or 0.93%, to 17,589.6 snapping a three-session winning
streak, as concerns of a prolonged high-interest rate regime
weighed on sentiment. RUPEE:
The Indian rupee strengthened 0.10% versus the U.S.
dollar, and quoted at 81.9750 per dollar with traders citing
inflows, but the Reserve Bank of India's likely intervention
capped further gains. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 98.76
rupees, with yield down 1 bps at 7.4449%; vs previous close of
7.4547% as market participants await crucial U.S. data after the
recent spike in Treasury yields. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was down
5 bps at 7.05%, while the benchmark five-year swap rate fell 5 bps to 6.63%.
CALL MONEY/REPOS:
India's overnight call money rate was up 5 bps at
6.35% against 6.30% in the previous session. The overnight TREPS
rate was at 6.30%, compared with the previous
day's weighted average of 6.3092%.
(Reporting by Bhakti Tambe)
bhakti.rajendratambe.thomsonreuters.com@reuters.net Twiter: ))
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