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

Thu Jul 31, 2014 8:12am EDT

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STOCKS

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The benchmark BSE index ended down 0.74 percent and the broader NSE index fell 0.9 percent, weighed down by foreign investors' sales after earnings at blue chips such as Maruti Suzuki Ltd MRTI.NS failed to impress markets.

GOVERNMENT BONDS

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India's soon-to-be benchmark 10-year bond yield closed down 1 basis point at 8.50 percent, while the existing benchmark 10-year bond yield ended down 1 basis point at 8.72 percent, on the back of a fall in global crude oil prices and some bargain-hunting.

RUPEE

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The partially convertible rupee falls to 60.55/56 per dollar as against Wednesday's close of 60.06/07, hurt by a rally in the dollar in global markets that helped spur state-run banks into buying greenbacks for corporate- and defence-related payments.

INTEREST RATE SWAPS

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The benchmark 5-year swap rate closed down 1 bp at 7.89 percent while the 1-year rate ended at 8.37 percent, down 2 basis points.

CALL MONEY

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India's cash rate ended at 7.95/8.05 percent against Wednesday's close of 7.00/7.05 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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