STOCKS:
The benchmark BSE Sensex fell 161.41 points, or 0.26%,
to 61,193.3, while the broader NSE index lost 57.8
points, or 0.32%, to 18,089.85, as caution prevailed across
markets ahead of the U.S. Federal Reserve's rate decision later
in the day. RUPEE:
The Indian rupee strengthened 0.07% to 81.82 per the
U.S. dollar, aided by a broad decline in the U.S. dollar ahead
of the expected quarter-basis-points rate hike by the Fed later
in the day. GOVERNMENT BONDS:
The benchmark 10-year bond was quoted at 101.76
rupees, with the yield down 9 bps at 7.0057% on bets of dovish
Federal Reserve OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was down
5 bps at 6.54%, while the benchmark five-year swap rate fell 8 bps to 5.96%.
CALL MONEY/REPOS:
India's overnight call money rate was up 10 bps at
6.65%. The overnight TREPS rate was at 6.39%,
compared with the previous day's weighted average of 6.6167%.
(Reporting by Dharamraj Dhutia)
(.)
MUMBAI, May 3 (Reuters) -
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