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SNAPSHOT-India stocks, bonds, rupee, swaps, call at close

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Mon Jan 7, 2013 7:05am EST

STOCKS  
    -----------------------
    India's BSE index fell 0.47 percent and the broader NSE
index was down 0.46 percent, as investors took profits in recent
out-performers such as State Bank of India after a
four-day winning streak had sent indexes to two-year highs.
        
    GOVERNMENT BONDS 
    ------------------------------- 
    India's 10-year bond yield fell 3 basis points (bps) to 7.90
percent, as the absence of a debt sale this week continues to
prompt investors to buy debt. 
    
    RUPEE    
    --------------
    The rupee ended weaker at 55.23/24 to a dollar versus its
Friday close of 55.07/08, extending its losing streak to a third
session, dragged down by steady dollar demand from oil refiners
and a fall in local stocks. 
    
    INTEREST RATE SWAPS  
    ------------------------------------- 
    India's short-end 1-year rate up 1 bp at 7.59
percent. The long-end 5-year OIS rate 2 bps
higher at 7.16 percent. 
    
    CALL MONEY   
    --------------------           
    India's overnight call rate at 8.00/8.05 percent versus
Friday's three-day cash rate at 8.00/8.10 percent as the second
week of the reporting fortnight begins. 
    
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  Double click on codes in < > 
  Reuters MIOR/MIBOR                                    
  NSE MIBID/MIBOR                                     
  Reuters Corporate Bond Yield/Spread             
  For Reuters Benchmarks                             
  South Asia markets technicals - (www.reuterstechnicals.com)

 (Compiled by Archana Narayanan)
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