STOCKS:
The benchmark BSE Sensex rose 114.92 points, or 0.19%,
to 59,106.44, while the broader NSE index gained 38.3
points, or 0.22%, to 17,398.05, but inflation concerns capped
gains. RUPEE:
The Indian rupee weakened 0.21% versus the U.S. dollar,
and quoted at 82.33 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 99.63
rupees, with yield unchanged at 7.3142%; vs previous close of
7.3180%, as traders await central bank's monetary 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 4 bps to 6.32%.
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 Dharamraj Dhutia)
MUMBAI, April 3 (Reuters) -
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.