India stocks, rupee, swaps, call at close
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MUMBAI, July 16 (Reuters) -STOCKS:
The benchmark BSE Sensex .BSESN rose 51.69 points, or 0.06%, to 80,716.55, while the broader NSE index .NSEI gained 26.3 points, or 0.11%, to 24,613 buoyed by gains in heavyweight information technology stocks amid prospects of a U.S. interest rate cut in September and a strong earnings outlook. .BO
RUPEE:
The Indian rupee INR=IN was little changed versus the U.S. dollar, and quoted at 83.58 per dollar, as dollar sales from exporters and mild inflows helped curb the pressure from weakness in most of its Asian peers, including the Chinese yuan. INR/
GOVERNMENT BONDS:
The benchmark 10-year bond IN071034G=CC was quoted at 100.94 rupees, with the yield down 1 bps at 6.9632%, tracking U.S. yields. IN/
OVERNIGHT INDEX SWAPS:
The one-year overnight index swap rate INRAMONMI1Y= was down 2 bps at 6.69%, while the benchmark five-year swap rate INRSMONMI5Y= fell 5 bps to 6.28%.
CALL MONEY/REPOS:
India's overnight call money INROND= rate was unchanged at 6.45%. The overnight TREPS rate INTREPTOT=TCCL was at 6.16%, compared with the previous day's weighted average of 6.3424%.
Reporting by Bhakti Tambe
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