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

Sun Feb 16, 2014 11:26pm EST

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STOCKS  
    -----------------------
    The benchmark BSE index up 0.33 percent and the broader NSE
index gains 0.29 percent, as power stocks such as Reliance
Industries and Tata Power gains after activist-turned-politician
Arvind Kejriwal resigned as chief minister of Delhi on Friday,
frustrated by obstacles put in the way of an anti-corruption
bill. 
    
    GOVERNMENT BONDS 
    --------------------------------
    The benchmark 10-year bond yield up 2 basis point at 8.83
percent, ahead of the interim budget presentation due to start
at 0530 GMT. 
    
    RUPEE 
    --------------
    The rupee weaker at 62.02/03 per dollar versus its previous
close of 61.9250/9350, ahead of the interim budget presentation
where it is largely expected Finance Minister P. Chidambaram to
stick to his fiscal deficit aim of 4.8 pct this FY; will also
look at market borrowing numbers for FY15. 
       
    INTEREST RATE SWAPS  
    -------------------------------------
    The benchmark five-year swap rate up 1 bp at 8.47 percent,
while the one-year rate down 1 bp at 8.69 percent.

    CALL MONEY 
    --------------------      
    India's cash rate ended at 8.90/8.95 percent against Friday
close of 8.80/8.90 percent.
            
    ----------------------
  Double click on codes in 
  Reuters MIOR/MIBOR                                    
  NSE MIBID/MIBOR                                     
  Reuters Corporate Bond Yield/Spread             
  For Reuters Benchmarks                        

 (Compiled by Dipika Lalwani)
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