MUMBAI, May 3 (Reuters) -
STOCKS:
The benchmark BSE Sensex fell 195.28 points, or 0.32%,
to 61,159.43, while the broader NSE index lost 70.45
points, or 0.39%, to 18,077.2, as caution prevailed across
markets ahead of the U.S. Federal Reserve's rate decision later
in the day. RUPEE:
The Indian rupee strengthened 0.10% versus the U.S.
dollar, and quoted at 81.81 per dollar, on dollar decline ahead
of Fed's policy decision. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 101.43
rupees, with yield down 4 bps at 7.0525% vs previous close of
7.0924%, tracking fall in U.S. yields as well as oil prices,
while traders await Fed decision. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was down
6 bps at 6.53%, while the benchmark five-year swap rate fell 9 bps to 5.95%.
CALL MONEY/REPOS:
India's overnight call money rate was up 20 bps at
6.75% against 6.55% in the previous session. The overnight TREPS
rate was at 6.73%, compared with the previous
day's weighted average of 6.6167%.
(Reporting by Dharamraj Dhutia)
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