financetom
Market
financetom
/
Market
/
SNAPSHOT-India stocks, rupee, swaps, call at close
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
SNAPSHOT-India stocks, rupee, swaps, call at close
Sep 17, 2024 5:13 AM

MUMBAI, Sept 17 (Reuters) - STOCKS:

The benchmark BSE Sensex was up 0.1% at 83,070, while

the broader NSE index rose 0.14% to 25,419, trading near

record high levels, with traders eyeing a likely interest rate

cut by the U.S. Federal Reserve a day later.

RUPEE:

The Indian rupee rose 0.16% versus the U.S. dollar to

83.75, lifted by rising expectations that the U.S. Federal

Reserve will kickoff policy easing with a 50 basis points rate

cut this week.

GOVERNMENT BONDS:

The benchmark 10-year bond was quoted at 102.2650

rupees, with the yield up 2 bps at 6.7808%, as traders book

profits before Fed's policy decision on Wednesday.

OVERNIGHT INDEX SWAPS:

The one-year overnight index swap rate was

flat at 6.37%, while the five-year swap rate

declined slightly to 5.94%.

CALL MONEY:

India's overnight call money rate was at 6.75%, and

the overnight TREPS rate was at 6.78%.

(Reporting by Bhakti Tambe)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved