MUMBAI, April 13 (Reuters) -
STOCKS:
The benchmark BSE Sensex fell 162.41 points, or 0.27%,
to 60,230.36, while the broader NSE index lost 57.65
points, or 0.32%, to 17,754.75, as IT stocks weighed after weak
quarterly earnings and a cautious outlook from top IT firm TCS
Ltd , and on rising concerns of a "mild recession" in
the U.S. RUPEE:
The Indian rupee strengthened 0.16% versus the U.S.
dollar, and quoted at 81.96 per dollar, as Federal Reserve
officials flagged risks to the economy, which compounded
troubles for the dollar index. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 100.23
rupees, with yield up 1 bps at 7.2241% vs previous close of
7.2134%, as traders await debt auction result. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was down
1 bps at 6.55%, while the benchmark five-year swap rate fell 2 bps to 6.07%.
CALL MONEY/REPOS:
India's overnight call money rate was down 20 bps at
6.10% against 6.30% in the previous session. The overnight TREPS
rate was at 6.40%, compared with the previous
day's weighted average of 6.2659%.
(Reporting by Dharamraj Dhutia)
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