Picture of Tech Mahindra logo

TECHM — Tech Mahindra News Story

0.000.00%
in flag iconLast trade - 00:00
TechnologyBalancedLarge CapHigh Flyer

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

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

- STOCKS:

The benchmark BSE Sensex .BSESN was up 1.05% at 77,996 and the broader NSE Nifty 50 index .NSEI rose 0.87% to 24,282, led by IT stocks after Tech Mahindra's revenue beat and financials following Jio Financial's June-quarter results. .BO

RUPEE:

The Indian rupee INR=IN was flat versus the U.S. dollar at 96.3475, as likely central bank intervention halted the currency's four-session long slide. INR/

GOVERNMENT BONDS:

The benchmark 10-year bond IN069436G=CC was quoted at 101.33 rupees, with the yield little changed at 6.7505%, as traders awaited the result of the weekly debt auction. IN/

OVERNIGHT INDEX SWAPS:

The one-year overnight index swap rate INR1YMIBROIS=CC was up slightly at 5.9%, while the five-year swap rate INR5YMIBROIS=CC was up 1 bp at 6.35%.

CALL MONEY:

India's overnight call money rate INROND= was at 5.25% and the overnight TREPS rate INTREPTOT=TCCL was at 5.10%.


(Reporting by Khushi Malhotra)

((khushi.malhotra@thomsonreuters.com; x.com: @_KhushiMalhotra;))

Recent news on Tech Mahindra

See all news