Picture of Hero Motocorp logo

HEROMOTOCO — Hero Motocorp News Story

0.000.00%
in flag iconLast trade - 00:00
Consumer CyclicalsBalancedLarge CapHigh Flyer

Snapshot: India stocks, rupee, bonds swaps, call at 1:00 p.m. IST

MUMBAI, Nov 20 (Reuters) - STOCKS:

The benchmark BSE Sensex .BSESN was up 0.44% at 85,563, while the broader NSE Nifty 50 .NSEI rose 0.46% to 26,172, inching towards a record high, led by Reliance and Hero MotoCorp on improving earnings outlook. .BO

RUPEE:

The Indian rupee INR=IN declined 0.1% versus the U.S. dollar to 88.6875, as traders pared bets on a U.S. Federal Reserve rate cut next month, after minutes of its latest meeting signalled a hawkish lean among policymakers. INR/

GOVERNMENT BONDS:

The benchmark 10-year bond IN063335G=CC was quoted at 98.545 rupees, with the yield up 1 bp at 6.5461%, as traders avoided building positions ahead of Friday's debt sale amid uncertainty over the central bank's rate-cut and liquidity path. IN/

OVERNIGHT INDEX SWAPS:

The one-year overnight index swap rate INR1YMIBROIS=CC was slightly higher at 5.46%, while the five-year swap rate INR5YMIBROIS=CC rose nearly 2 bps to 5.7475%.

CALL MONEY:

India's overnight call money rate INROND= was at 5.30%, and the overnight TREPS rate INTREPTOT=TCCL was at 5.27%.

 (Reporting by Khushi Malhotra)

 ((khushi.malhotra@thomsonreuters.com))

Recent news on Hero Motocorp

See all news