India stocks mixed, rupee flat, bonds yield up; call rates steady
India's benchmark BSE Sensex rose 0.39% to 74,567, while the broader NSE Nifty 50 fell 0.35% to 23,333. The rupee was nearly flat at 95.8225 per dollar. The benchmark 10-year bond yield was up slightly at 7.0559%. The one-year overnight index swap rate rose 3.5 bps to 6.11%, and the five-year swap rate rose 3 bps to 6.5750%. India's overnight call money rate was at 5.10%, and the overnight TREPS rate was at 5.07%.
S. 8225, as the Reserve Bank of India likely offset pressure from high oil prices and weak portfolio flows. 0559%, as market participants braced for more liquidity removal ahead of next month's monetary policy decision, when an interest rate hike is largely priced in. 5750%.
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