Snapshot: India stocks, rupee, swaps, call at close

ITC

28/05/2025 12:36

May 28 (Reuters) -

STOCKS:

The benchmark BSE Sensex .BSESN closed down 0.3% at 81,312.32, while the broader NSE index .NSEI declined 0.3% to 24,752.45, dragged by a slide in ITC, even as broader sentiment stayed upbeat on positive global cues and ahead of the U.S. Federal Reserve's policy minutes. .BO

RUPEE:

The Indian rupee INR=IN closed at 85.36 per U.S. dollar, compared with 85.33 in the previous session, as the impact of month-end dollar demand from importers was offset by an uptick in regional peers. INR/

GOVERNMENT BONDS:

The benchmark 10-year bond IN063335G=CC was quoted at 101.1375 rupees, with the yield down 3 bps at 6.1743% on anticipation of a further monetary policy easing by the central bank in coming weeks. IN/

OVERNIGHT INDEX SWAPS:

The one-year overnight index swap rate INR1YMIBROIS=CC was up 2 basis points at 5.56%, while the five-year swap rate INR5YMIBROIS=CC was little changed at 5.63%.

CALL MONEY:

India's overnight call money rate INROND=  was at 5.8% and the overnight TREPS rate INTREPTOT=TCCL was at 5.75%.

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))