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SNAPSHOT-India stocks, bonds, rupee, swaps, call at close
February 15, 2013 / 12:21 PM / 5 years ago

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

    India's BSE index down 0.15 percent and the broader NSE
index lower 0.16 percent, fell to their lowest levels in 2013 as
drug maker Dr. Reddy's retreated a day after reporting a
larger-than-expected fall in quarterly earnings, while software
service exporters fell on profit-taking. 
    India's benchmark 10-year government bond 
yield up 1 basis point (bp) at 7.83 percent on profit-taking
after yields fell to their lowest in a month, with optimism
prevailing in the lead up to the 2013/14 budget as investors bet
on a fiscally disciplined government. 
    The rupee at 54.22/23 per dollar versus its previous close
of 53.92/93, hurt by weaker local shares and a slump in the euro
following weak economic growth data. 
    The benchmark five-year OIS rate steady at 7.24 percent,
while the one-year rate unchanged at 7.60 percent.
    India's overnight cash rate ended at 7.75/7.85 percent,
little changed from its previous close of 7.80/7.90 percent.
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  NSE MIBID/MIBOR                                     
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 (Compiled by Archana Narayanan)

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