STOCKS-----------------------The BSE indexis down 0.14 percent, while the50-share NSE indexfalls 0.17 percent, on caution aheadof corporate earnings.GOVERNMENT BONDS
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The 10-year bond yield
is at 8.15 percent.The Reserve Bank of India may buy 1.2 trillion rupees of bondsin the second half of fiscal 2012/13, or 60 percent of theplanned issuance, to offset incremental liquidity tightness,BarCap estimates.
RUPEE--------------
USD/INR edges marginally lower to 53.02/03 after rising to53.16 immediately after open as exporters step in to selldollars, but the domestic share market performance is key fordirection.
The pair had closed at 53.0450/0550 on Wednesday.
INTEREST RATE SWAPS
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India's benchmark 5-year OIS is down 1 basis point (bp) at6.96 percent. The 1-year rate falls 1 bp to 7.59 percent.
CALL MONEY--------------------India's one-day cash rate nearly steady at 8.05-8.10percent.---------------------Double click on codes in < >Reuters MIOR/MIBORNSE MIBID/MIBOR
Reuters Corporate Bond Yield/Spread
For Reuters Benchmarks
South Asia markets technicals - (
)(Compiled by Manoj Dharra)
((swati.bhat@thomsonreuters.com)(+91-22-61807353)(Reuters
Messaging: swati.bhat.thomsonreuters.com@reuters.net))
Keywords: INDIA SNAPSHOT/