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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
Sep 25, 2024 8:05 PM

MUMBAI, Sept 19 (Reuters) - STOCKS:

The benchmark BSE Sensex was up 0.4% at 83,106, while

the broader NSE index advanced 0.3% to 25,449, buoyed by

expectations of a rise in foreign inflows after the U.S. Federal

Reserve started its monetary easing cycle with a large

half-percentage-point rate reduction.

RUPEE:

The Indian rupee rose 0.08% versus the U.S. dollar to

83.68 aided by likely portfolio inflows and a rally in the

Chinese yuan after the Federal Reserve delivered a large

50-basis-point cut.

GOVERNMENT BONDS:

The benchmark 10-year bond was quoted at 102.41

rupees, with the yield hitting the lowest level in 31 months and

down 3 bps at 6.7527%, as traders resumed bond purchases in the

wake of a bumper rate cut from the U.S. central bank.

OVERNIGHT INDEX SWAPS:

The one-year overnight index swap rate was

down 2 basis points 6.37%, while the five-year swap rate

was marginally lower at 5.9625%.

CALL MONEY:

India's overnight call money rate was at 5.90% and the

overnight TREPS rate was at 6.00%.

(Reporting by Bhakti Tambe; Editing by Mrigank Dhaniwala)

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