SNAPSHOT-India stocks, rupee, swaps, call at 1:00 p.m. IST

Kitco Media
By Reuters
Published:
Updated:
Reuters
(.) MUMBAI, March 27 (Reuters) - STOCKS: The benchmark BSE Sensex rose 276.03 points, or 0.48%, to 57,803.13, while the broader NSE index gained 103 points, or 0.61%, to 17,048.05 as authorities globally took steps to contain the banking turmoil, helping dispel some of the contagion fears. RUPEE:
The Indian rupee strengthened 0.14% versus the U.S. dollar, and quoted at 82.37 per dollar paring back some gains as risk sentiment remained subdued, boosting the dollar index. GOVERNMENT BONDS: The benchmark 10-year bond was quoted at 99.59 rupees, with yield up 1 bps at 7.3195% as traders await April-September borrowing calendar this week. OVERNIGHT INDEXED SWAPS: The one-year overnight indexed swap rate was up 1 bps at 6.68%, while the benchmark five-year swap rate stayed fixed to 6.18%. CALL MONEY/REPOS:
India's overnight call money rate was down 5 bps at 6.65%. The overnight TREPS rate was at 6.80%, compared with the previous day's weighted average of 6.5424%. (Reporting by Bhakti Tambe)

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