Corrected: SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
CORRECTED-SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST Corrects paragraph 2 to say the rupee rose, not dropped
July 17 (Reuters) - STOCKS:
The benchmark BSE Sensex .BSESN was up 1.25% at 78,151.45, while the broader NSE index .NSEI rose 1.09% to 24,334.30, led by IT and financial stocks after upbeat results from Tech Mahindra and Jio Financial, swinging to weekly gains despite trading in their narrowest range of 2026. .BO
RUPEE:
The Indian rupee INR=IN rose 0.07% versus the U.S. dollar to 96.28, but logged its sharpest weekly drop since May, as elevated oil prices and strong merchant dollar demand renewed worries about the currency's trajectory. INR/
GOVERNMENT BONDS:
The benchmark 10-year bond IN069436G=CC was quoted at 101.22 rupees, with the yield up 2 basis points at 6.7659%. IN/
OVERNIGHT INDEX SWAPS:
The one-year overnight index swap rate INR1YMIBROIS=CC was up 2.5 bps at 5.92%, while the five-year swap rate INR5YMIBROIS=CC rose 2 bps to 6.36%.
CALL MONEY:
India's overnight call money rate INROND= was at 4.8% and the overnight TREPS rate INTREPTOT=TCCL was at 4.99%.
(Reporting by Urvi Dugar in Bengaluru)
((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))
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