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SNAPSHOT-India stocks, rupee, swaps, call at 1:00 p.m. IST
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SNAPSHOT-India stocks, rupee, swaps, call at 1:00 p.m. IST
Jun 21, 2024 1:05 AM

MUMBAI, June 21 (Reuters) - STOCKS:

The benchmark BSE Sensex fell 430.56 points, or 0.56%,

to 77,048.37, while the broader NSE index lost 104.95

points, or 0.45%, to 23,462.05, as a decline in banks outweighed

the rise in information technology stocks fuelled by Accenture's ( ACN )

upbeat revenue growth forecast.

RUPEE:

The Indian rupee strengthened 0.09% versus the U.S.

dollar, and quoted at 83.58, recovering from a decline to its

lifetime low in the previous session that was spurred by

weakness in the Chinese yuan and likely dollar outflows.

GOVERNMENT BONDS:

The benchmark 10-year bond was quoted at 100.85

rupees, with the yield unchanged at 6.9773%, as traders awaited

debt auction result.

OVERNIGHT INDEX SWAPS:

The one-year overnight index swap rate was

unchanged at 6.75%, while the benchmark five-year swap rate

rose 2 bps to 6.34%.

CALL MONEY/REPOS:

India's overnight call money rate was up 5 bps at

6.65%. The overnight TREPS rate was at 6.73%,

compared with the previous day's weighted average of 6.5301%.

(Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)

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