MUMBAI, March 14 (Reuters) -
STOCKS:
The benchmark BSE Sensex fell 410.66 points, or 0.71%,
to 57,827.19, while the broader NSE index lost 116.35
points, or 0.68%, to 17,037.95, as domestic lenders tracked
losses in global peers on the back of a U.S. banking crisis that
sparked a global sell-off in the sector. RUPEE:
The Indian rupee weakened 0.31% versus the U.S. dollar,
and quoted at 82.39 per dollar, on concerns that the collapse of
the Silicon Valley Bank (SVB) could have broader
consequences. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 99.45
rupees, with yield down 2 bps at 7.3407%, as local retail
inflation stayed above the central bank's target, cementing bets
of another hike in policy rates next month. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was down
15 bps at 6.66%, while the benchmark five-year swap rate fell 11 bps to 6.25%.
CALL MONEY/REPOS:
India's overnight call money rate was up 20 bps at
6.35% against 6.15% in the previous session. The overnight TREPS
rate was at 6.10%, compared with the previous
day's weighted average of 6.2285%.
(Reporting by Anushka Trivedi)
anushka.trivedi.thomsonreuters.com@reuters.net))
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