STOCKS:
The benchmark BSE Sensex rose 401.04 points, or 0.67%,
to 60,056.1, while the broader NSE index gained 119.3
points, or 0.68%, to 17,743.35, led by financials after improved
quarterly results from heavyweights Reliance Industries Ltd and
ICICI Bank. RUPEE:
The Indian rupee strengthened 0.23% versus the U.S.
dollar, and quoted at 81.9050 per dollar, outperforming its
Asian counterparts as foreign banks in India were seen selling
the greenback, several traders said. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 100.66
rupees, with yield down 3 bps at 7.1592% amid likely buying from
traders and foreign banks, market participants said. 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 3 bps to 6.04%.
CALL MONEY/REPOS:
India's overnight call money rate was up 20 bps at
6.85% against 6.65% in the previous session. The overnight TREPS
rate was at 6.75%, compared with the previous
day's weighted average of 6.7095%.
(Reporting by Anushka Trivedi; Editing by Sonia Cheema)
(.)
MUMBAI, April 24 (Reuters) -
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