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SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
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SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
Mar 22, 2024 3:28 AM

MUMBAI, March 22 (Reuters) - STOCKS:

The benchmark BSE Sensex rose 190.75 points, or 0.26%,

to 72,831.94, while the broader NSE index gained 66.1

points, or 0.30%, to 22,078.05, as IT sector bellwether

Accenture's revenue warning offset optimism around U.S. Federal

Reserve rate cuts.

RUPEE:

The Indian rupee weakened 0.33% versus the U.S. dollar,

and quoted at 83.43 per dollar, as weakness in the offshore

Chinese yuan and an uptick in U.S. bond yields weighed on Asian

currencies across the board.

GOVERNMENT BONDS:

The benchmark 10-year bond was quoted at 100.80

rupees, with the yield up 1 bps at 7.0607%, as states announced

a record debt sale for next week.

OVERNIGHT INDEX SWAPS:

The one-year overnight index swap rate was up 2

bps at 6.72%, while the benchmark five-year swap rate

rose 3 bps to 6.34%.

CALL MONEY/REPOS:

India's overnight call money rate was unchanged at

6.60%. The overnight TREPS rate was at 6.79%,

compared with the previous day's weighted average of 6.7268%.

(Reporting by Bhakti Tambe; Editing by Mrigank Dhaniwala)

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