STOCKS-----------------------
The BSE index and the 50-share NSE index gained 0.73 percenteach, led by gains in banking shares. Banks' gains were led byprivate sector lenders on expectations their July-Septemberearnings will prove more resilient than their public sectorcounterparts.
GOVERNMENT BONDS
-------------------------------
India's benchmark 10-year bond yield
flat at8.15 percent. IMF cuts India's growth forecast to 4.9 percentthis year, down from 6.1 percent in July, and says the centralbank should hold rates unless inflation experiences a sustainedfall.
RUPEE--------------USD/INR
falls to 52.42/43 versus its previous closeof 52.64/65, in line with other Asian pairs, but demand fromimporters helps pull the pair off the day's low of 52.2250.
INTEREST RATE SWAPS
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India's benchmark 5-year OIS down 1 basis point at 6.96percent. The 1-year rate flat at 7.58 percent.
CALL MONEY--------------------
India's one-day cash rate at 8.00/8.05 percent versus itsprevious close of 8.05/8.10 as demand largely stable in thefirst week of the two-week reporting cycle.
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(Compiled by Swati Bhat; Editing by Jijo Jacob)
((swati.bhat@thomsonreuters.com)(+91-22-61807353)(Reuters
Messaging: swati.bhat.thomsonreuters.com@reuters.net))
Keywords: INDIA SNAPSHOT/