India stocks, rupee, swaps, call at 3:30 p.m. IST
STOCKS:
The benchmark BSE Sensex SENSEX was up 0.23% to 83432.89, while the broader NSE Nifty 50 index
NIFTY advanced 0.22% to 25461, as investors remained cautious ahead of a potential India-U.S. trade deal and weighed regulatory action against U.S.-based Jane Street for index manipulation.
RUPEE:
The Indian rupee USDINR dropped 0.1% versus the U.S. dollar to 85.3925, to end the week little changed as traders awaited developments in U.S.-India trade talks, with a positive outcome potentially helping the local currency break past a sticky resistance level.
GOVERNMENT BONDS:
The benchmark 10-year bond (IN063335G=CC) was quoted at 100.185 rupees, with the yield up over 3 bps at 6.3029%, tracking a rise in U.S. Treasury yields.
OVERNIGHT INDEX SWAPS:
The one-year overnight index swap rate (INR1YMIBROIS=CC) was down slightly at 5.4975%, while the five-year swap rate (INR5YMIBROIS=CC) rose nearly 3 bps to 5.6725%.
CALL MONEY:
India's overnight call money rate (INROND=) was at 5.28% and the overnight TREPS rate (INTREPTOT=TCCL) was at 5%