STOCKS:
The benchmark BSE Sensex fell 344.29 points, or 0.59%,
to 57,555.9, while the broader NSE index lost 71.15
points, or 0.42%, to 16945.20, dragged by financials stocks as
European markets slumped in a risk-off environment. RUPEE:
The Indian rupee ended down 0.12% at 82.5950 per dollar
as the greenback got a boost amid tepid risk sentiment. GOVERNMENT BONDS:
The benchmark 10-year bond was quoted at 99.31
rupees, with the yield down 2 bps at 7.3620%, as elevated
inflation brought back focus on interest rate hikes by the U.S.
and Indian central banks in coming days. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was down
1 bps at 6.73%, while the benchmark five-year swap rate fell 1 bps to 6.33%.
CALL MONEY/REPOS:
India's overnight call money rate was unchanged at
6.30%. The overnight TREPS rate was at 6.25%,
compared with the previous day's weighted average of 6.1833%.
(Reporting by Anushka Trivedi)
(.)
MUMBAI, March 15 (Reuters) -
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