India stocks, rupee, swaps, call at 1:00 p.m. IST
MUMBAI, Dec 16 (Reuters) -
STOCKS:
The benchmark BSE Sensex .BSESN was down 0.57% at 81,661, while the broader NSE Nifty 50 .NSEI declined 0.50% to 24,644, weighed down by losses in heavyweight financials and IT stocks ahead of the U.S. Federal Reserve's interest rate decision this week. .BO
RUPEE:
The Indian rupee INR=IN declined 0.04% versus the U.S. dollar to 84.8250 tracking weakness in regional peers, while the dollar-rupee overnight swap rate jumped on the back of cash dollar inflows and tight rupee liquidity. INR/
GOVERNMENT BONDS:
The benchmark 10-year bond IN067934G=CC was quoted at 100.34 rupees, with the yield up 1 bp at 6.7402%, tracking a spike in U.S. Treasury yields, and as traders await Fed policy decision. IN/
OVERNIGHT INDEX SWAPS:
The one-year overnight index swap rate INR1YMIBROIS=CC was up slightly at 6.42%, while the five-year swap rate INR5YMIBROIS=CC rose 2 bps to 6.06%.
CALL MONEY:
India's overnight call money rate INROND= was at 6.45%, and the overnight TREPS rate INTREPTOT=TCCL was at 6.80%.
Reporting by Dharamraj Dhutia
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