STOCKS:
The benchmark BSE Sensex rose 303.02 points, or 0.51%,
to 59,409.46, while the broader NSE index advanced 61.4
points, or 0.42%, to 17,471.45, aided by strong quarterly
updates from finance companies and banks. RUPEE:
The Indian rupee strengthened 0.22% to 82.16 versus the
U.S. dollar following weak U.S. data that spurred bets of a
pause in the Federal Reserve rate hike cycle. GOVERNMENT BONDS:
The benchmark 10-year bond was quoted at 99.78
rupees, with the yield down 2 bps at 7.2910%, tracking a fall in
U.S. yields following a fall in U.S. job openings. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was down
8 bps at 6.76%, while the benchmark five-year swap rate fell 9 bps to 6.23%.
CALL MONEY/REPOS:
India's overnight call money rate was up 5 bps at
6.35%. The overnight TREPS rate was at 6.24%,
compared with the previous day's weighted average of 6.2565%.
(Reporting by Nimesh Vora)
MUMBAI, April 5 (Reuters) -
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