MUMBAI, March 10 (Reuters) -
STOCKS:
The benchmark BSE Sensex fell 639.26 points, or 1.07%,
to 59,167.02, while the broader NSE index lost 188.65
points, or 1.07%, to 17,400.95, on concerns of a prolonged
high-interest rate regime, while investors awaited the key U.S.
non-farm payrolls data due later in the day. RUPEE:
The Indian rupee weakened 0.08% versus the U.S. dollar,
and quoted at 82.05 per dollar, but held up better than its
Asian peers, as risk assets were sold off in the region ahead of
a critical U.S. jobs report. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 98.98
rupees, with yield down 3 bps at 7.4111%, mirroring the drop in
U.S. yields, even as markets awaited the key non-farm payrolls
data due later in the day. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was down
9 bps at 6.98%, while the benchmark five-year swap rate fell 10 bps to 6.55%.
CALL MONEY/REPOS:
India's overnight call money rate was down 20 bps at
6.15% against 6.35% in the previous session. The overnight TREPS
rate was at 6.22%, compared with the previous
day's weighted average of 6.3099%.
(Reporting by Anushka Trivedi)
anushka.trivedi.thomsonreuters.com@reuters.net))
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