SNAPSHOT-India stocks, bonds, rupee, swaps, call at 0425 GMT

Sun Jan 13, 2013 11:39pm EST

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STOCKS  
    -----------------------
    India's BSE index is up 0.42 percent at 19,746.82 while the
broader NSE index is 0.30 percent higher at 5,969.55, led by
gains in technology shares following better-than-expected
Infosys results on Friday and ahead of TCS report later in the
day. Traders are also awaiting the inflation data due around
noon. 
    
    GOVERNMENT BONDS 
    ------------------------------- 
    The 10-year benchmark bond yield is down 1 basis point (bp)
at 7.86 percent with traders awaiting the inflation data due
around noon for cementing views on the likely central bank rate
action at the end of this month.  
    
    RUPEE    
    --------------
    The partially convertible rupee is little changed at
54.76/77 versus its previous close of 54.7550/7650 as negative
sentiment due to losses in most regional shares and currencies
gets offset by broad weakness in the dollar against majors and
mild gains in the domestic sharemarket. 
    
    INTEREST RATE SWAPS  
    ------------------------------------- 
    The benchmark 5-year swap rate is down 1 bp at 7.17 percent
while the 1-year rate is steady at 7.53 percent. 
        
    CALL MONEY   
    --------------------           
    India's one-day cash rate is slightly higher at 8.00/8.10
percent versus Friday's close of 7.90/7.95 percent on higher
demand at the start of a fresh reporting fortnight. 
    
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  Reuters MIOR/MIBOR                                    
  NSE MIBID/MIBOR                                     
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  South Asia markets technicals - (www.reuterstechnicals.com)

 (Compiled by Swati Bhat)
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