SNAPSHOT — India stocks, rupee, bonds, swaps, call at 1:10 p.m. IST
MUMBAI, Oct 13 (Reuters) — STOCKS: The benchmark BSE Sensex was up 0.75% at 72,471 and the broader NSE Nifty 50 index rose 0.77% to 22,535, as better-than-expected earnings from software exporter HCLTech spurred investors to pick up beaten-down IT stocks with the central bank's support for the rupee also helping sentiment..BO Rupee: The Indian rupee rose 0.54% versus the US dollar to 95.23, hoisted by fresh central bank measures to alleviate pressure on the Asian currency and likely spot market intervention that magnified their impact. INR/ Government Bonds: The benchmark 10-year bond was quoted at 97.1950 rupees, with the yield down 3 bps at 7.3513%, as value investors took the reins, after a sharp rise in yields in recent sessions, even as investors awaited heavy supply later in the day. IN/ Overnight Index Swaps: The one-year overnight index swap rate was down 2.25 bps at 6.34%, while the five-year swap rate fell 4.5 bps to 6.75%. Call Money: India's overnight call money rate was at 5.20% and the overnight TREPS rate was at 5.42%. (Reporting by Khushi Malhotra; Editing by Mrigank Dhaniwala) ((khushi.malhotra@thomsonreuters.com)
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23, hoisted by fresh central bank measures to alleviate pressure on the Asian currency and likely spot market intervention that magnified their impact. 3513%, as value investors took the reins, after a sharp rise in yields in recent sessions, even as investors awaited heavy supply later in the day. 75%. 42%.
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