STOCKS:
The benchmark BSE Sensex rose 311.21 points, or 0.52%,
to 60,157.72, while the broader NSE index gained 104.9
points, or 0.60%, to 17,728.95, aided by financials stocks on
strong updates ahead of March quarter corporate earnings. RUPEE:
The Indian rupee weakened 0.18% versus the U.S. dollar,
and quoted at 82.1250 per dollar, on likely corporate outflows
and importer demand for the greenback. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 100.21
rupees, with yield unchanged at 7.2276%, as traders await
domestic as well as U.S. inflation prints to gauge the future
interest rate trajectory. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was down
3 bps at 6.55%, while the benchmark five-year swap rate fell 2 bps to 6.09%.
CALL MONEY/REPOS:
India's overnight call money rate was down 30 bps at
6.00% against 6.30% in the previous session. The overnight TREPS
rate was at 6.20%, compared with the previous
day's weighted average of 6.2934%.
(Reporting by Anushka Trivedi)
(.)
MUMBAI, April 11 (Reuters) -
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