STOCKS:
The benchmark BSE Sensex fell 897.28 points, or 1.52%,
to 58,237.85, while the broader NSE index lost 261.25
points, or 1.50%, to 17,151.65, as risk appetite worsened. RUPEE:
The Indian rupee weakened 0.11% versus the U.S. dollar,
and quoted at 82.11 per dollar, as weak risk sentiment owing to
a U.S. lender's collapse saw equities fall and the dollar index
recover. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 99.32
rupees, with yield down 7 bps at 7.3602%; vs previous close of
7.4321%, as U.S. yields plunge, while investors await local
retail inflation data. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was down
17 bps at 6.83%, while the benchmark five-year swap rate fell 17 bps to 6.38%.
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 6.27%, compared with the previous
day's weighted average of 6.2444%.
(Reporting by Dharamraj Dhutia; Editing by Dhanya Ann Thoppil)
(.)
MUMBAI, March 13 (Reuters) -
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