May 9, 2014 / 12:02 PM / in 4 years

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

MUMBAI, May 9 (Reuters) - STOCKS

-----------------------

The benchmark BSE index closed up 2.91 percent and the broader NSE index 2.99 percent higher, at record highs on hopes the opposition Bharatiya Janata Party would win a majority in the elections that end next week, sending blue chips such as ICICI Bank sharply higher.

GOVERNMENT BONDS

--------------------------------

The 10-year benchmark bond yield ended down 1 basis point at 8.75 percent, after earlier hitting a near two-month low of 8.72 percent on hopes that BJP may win a majority in the general elections.

RUPEE

--------------

The rupee ended at 60.02/03 versus Thursday’s close of 60.0650/0750, gaining for a second consecutive session on Friday to a near one-month high, sparking suspected central bank intervention after shares surged to a record high.

INTEREST RATE SWAPS

-------------------------------------

The benchmark five-year swap rate ended down 2 basis points at 8.25 percent, and the one-year rate 2 basis points lower at 8.51 percent.

CALL MONEY

---------------------

India’s cash rate at 8.70/8.75 percent versus its previous close of 7.00/7.10 percent.

---------------------- Double click on codes in Reuters MIOR/MIBOR NSE MIBID/MIBOR Reuters Corporate Bond Yield/Spread For Reuters Benchmarks (Reporting by Indulal PM)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below