India stocks, rupee, swaps, call at close

By Reuters News

- STOCKS:

The benchmark BSE Sensex .BSESN was up 0.66% at 72,382.47, while the broader NSE Nifty 50 index .NSEI advanced 0.6% to 22,555.75, after their longest weekly losing streak in 25 years, supported by a pullback in oil prices and easing concerns over aggressive US monetary tightening. .BO

RUPEE:

The Indian rupee rose 0.02% versus the U.S. dollar to 96.2925, wedged between pressures from a broadly firmer dollar, higher oil prices and likely intervention by the Reserve Bank of India, which kept the currency moored in a thin trading range. INR/


GOVERNMENT BONDS:

The benchmark 10-year bond was quoted at 98.1375 rupees, with the yield down marginally at 7.2108%. IN/

OVERNIGHT INDEX SWAPS:

The one-year overnight index swap rate was nearly flat at 6.2625%, while the five-year swap rate dropped 2.75 bp to 6.69%.


CALL MONEY:

India's overnight call money rate was at 4.85% and the overnight TREPS rate was at 5.00%.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.