STOCKS:
The benchmark BSE Sensex rose 41.37 points, or 0.07%,
to 61,981.57, while the broader NSE index gained 4.4
points, or 0.02%, to 18,319.5 as a handful of downbeat earnings
from key corporates offset optimism from favourable U.S.
inflation data RUPEE:
The Indian rupee weakened 0.12% versus the U.S. dollar,
and quoted at 82.09 per dollar on broader strength in the
greenback. GOVERNMENT BONDS:
Benchmark 10-year bond was quoted at 101.64
rupees, with yield down 2 bps at 7.0231%; vs previous close of
7.0405%, tracking fall in U.S. yields, as U.S. inflation data
increased bets of the U.S. Fed pausing rate hikes. OVERNIGHT INDEXED SWAPS:
The one-year overnight indexed swap rate was down
3 bps at 6.57%, while the benchmark five-year swap rate fell 2 bps to 6.02%.
CALL MONEY/REPOS:
India's overnight call money rate was down 25 bps at
6.50% against 6.75% in the previous session. The overnight TREPS
rate was at 6.76%, compared with the previous
day's weighted average of 6.7644%.
(Reporting by Nallur Sethuraman in Mumbai)
MUMBAI, May 11 (Reuters) -
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