SNAPSHOT — India stocks, rupee, bonds, swaps, call at 1:15 p.m. IST
MUMBAI, Oct 16 (Reuters) — STOCKS: The benchmark BSE Sensex was up 0.46% at 74,660, while the broader NSE Nifty 50 advanced 0.55% to 23,123, led by IT firms after Tech Mahindra's upbeat quarterly earnings, while concerns over persistently high oil prices as well as US inflation kept a lid on gains..BO Rupee: The Indian rupee rose 0.07% versus the U.S. dollar to 94.9850, with positional adjustments in the non-deliverable forwards market helping extend the currency's rally to its fifth straight session. INR/ Government Bonds: The benchmark 10-year bond was quoted at 96.9975 rupees, with the yield down 1 bp at 7.3823%, as a hefty auction of benchmark 10-year debt kept traders guarded while they assessed the central bank's policy outlook. IN/ Overnight Index Swaps: The one-year overnight index swap rate was down 2.75 bps at 6.51%, while the five-year swap rate fell 2.5 bps to 6.7625%. Call Money: India's overnight call money rate was at 5.50%, and the overnight TREPS rate was at 5.76%. (Reporting by Khushi Malhotra) ((khushi.malhotra@thomsonreuters.com; x.com: @_KhushiMalhotra;)
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MUMBAI, Oct 16 (Reuters) — STOCKS: The benchmark BSE Sensex was up 0.46% at 74,660, while the broader NSE Nifty 50 advanced 0.55% to 23,123, led by IT firms after Tech Mahindra's upbeat quarterly earnings, while concerns over persistently high oil prices as well as US inflation kept a lid on gains..BO Rupee: The Indian rupee rose 0.07% versus the U.S. dollar to 94.9850, with positional adjustments in the non-deliverable forwards market helping extend the currency's rally to its fifth straight session.
INR/ Government Bonds: The benchmark 10-year bond was quoted at 96.9975 rupees, with the yield down 1 bp at 7.3823%, as a hefty auction of benchmark 10-year debt kept traders guarded while they assessed the central bank's policy outlook. IN/ Overnight Index Swaps: The one-year overnight index swap rate was down 2.75 bps at 6.51%, while the five-year swap rate fell 2.5 bps to 6.7625%. Call Money: India's overnight call money rate was at 5.50%, and the overnight TREPS rate was at 5.76%. (Reporting by Khushi Malhotra) ((khushi.malhotra@thomsonreuters.com; x.com: @_KhushiMalhotra;)