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

Fri Jun 7, 2013 8:06am EDT

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STOCKS  
    -----------------------
    India's main BSE index fell 0.46 percent and the broader NSE
index closed 0.68 percent lower, to mark their lowest close in
almost a month as sustained fears that a weakening rupee would
lead foreign investors to pare positions hit blue chips such as
HDFC Bank Ltd.  
    
    GOVERNMENT BONDS 
    --------------------------------
    The benchmark 10-year bond yield up 3 basis points (bps) at
7.24 percent, as a falling rupee and continued guard from the
central bank chief on inflation further clouded hopes of a rate
cut at the June monetary review. 
    
    RUPEE 
    --------------
    The partially convertible rupee at 57.06/07 per dollar
compared with 56.84/85 on Thursday and was at a striking
distance of an all-time low but dollar selling by some exporters
and state-run banks helped the unit recover some ground. 
        
    INTEREST RATE SWAPS  
    -------------------------------------
    The benchmark five-year swap rate up 4 bps at 6.92 percent,
while the one-year swap higher 1 bp at 7.17 percent.
    
    CALL MONEY 
    --------------------      
    India's overnight cash rate at 7.40/7.50 percent, versus 
Thursday's close of 7.25/7.30 percent. 
    
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  Reuters MIOR/MIBOR                                    
  NSE MIBID/MIBOR                                     
  Reuters Corporate Bond Yield/Spread             
  For Reuters Benchmarks                        

 (Compiled by Archana Narayanan)
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