MUMBAI, April 11 (Reuters) -
STOCKS:
The benchmark BSE Sensex rose 311.21 points, or 0.52%,
to 60,157.72, while the broader NSE index gained 98.25
points, or 0.56%, to 17,722.3 aided by financials stocks on
strong quarterly updates, ahead of corporate earnings for the
March quarter. 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 100.24
rupees, with yield down 1 bps at 7.2224%; vs previous close of
7.2313% as traders waited for domestic, as well as U.S.
inflation data due later in the week. 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 unchanged at
6.30% 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 Bhakti Tambe)
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.