STOCKS:
The benchmark BSE Sensex rose 114.92 points, or 0.19%,
to 59,106.44, while the broader NSE index firmed 47.2
points, or 0.27%, to 17,406.95, but gains were capped by fresh
worries over inflation after the OPEC+'s move to cut more oil
production. RUPEE:
The Indian rupee weakened 0.21% versus the U.S. dollar,
and quoted at 82.3325 per dollar, as an unexpected output cut by
oil producing club OPEC+ sent crude prices higher and weighed on
Asian currencies. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 99.60
rupees, with yield unchanged at 7.3187%, as oil prices jumped,
while major focus remained on the central bank's policy
decision. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was up 1
bps at 6.82%, while the benchmark five-year swap rate rose 3 bps to 6.31%.
CALL MONEY/REPOS:
India's overnight call money rate was down 105 bps at
6.30% against 7.35% in the previous session. The overnight TREPS
rate was at 6.23%, compared with the previous
day's weighted average of 6.9204%.
(Reporting by Anushka Trivedi)
(.)
MUMBAI, April 3 (Reuters) -
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