India stocks, rupee, swaps, call at close
MUMBAI, Sept 2 (Reuters) -STOCKS:
The benchmark BSE Sensex .BSESN was up 0.20% to 82,530, while the broader NSE index .NSEI advanced 0.17% to 25,279, powered by gains in IT stocks on hopes of a U.S. rate cut and by consumer goods shares, which surged on a prediction of good monsoon rains. .BO
RUPEE:
The Indian rupee INR=IN weakened 0.07% versus the U.S. dollar to 83.9175, tracking weakness across major Asian currencies, with investors looking to gauge the outlook on the pace of monetary policy easing by the Federal Reserve in a data-heavy week. INR/
GOVERNMENT BONDS:
The benchmark 10-year bond IN071034G=CC was quoted at 101.55 rupees, with the yield up 1 bps at 6.8754% tracking U.S. Treasuries. IN/
OVERNIGHT INDEX SWAPS:
The one-year overnight index swap rate INR1YMIBROIS=CC was up 1 basis points at 6.4975%, while the five-year swap rate INR5YMIBROIS=CC rose 2 bps to 6.1025%.
CALL MONEY:
India's overnight call money INROND= rate was at 6.30%, up 17 basis points and the overnight TREPS rate INTREPTOT=TCCL was at 6.25%.
Reporting by Bhakti Tambe
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