India Stocks, Rupee, Bonds, Swaps at 1:00 PM IST

Indian Stock Market and Rupee Update

The benchmark BSE Sensex edged down 0.1% to 75,927, while the broader NSE Nifty 50 index was nearly flat at 23,897. Losses in heavyweight HDFC Bank offset gains in metal stocks, with caution prevailing over a shaky truce between the U.S. and Iran.

Rupee and Forex Markets

The Indian rupee was little changed against the U.S. dollar at 95.7, with dollar sales from state-run banks capping declines. The South Asian currency remains under pressure.

Government Bonds and Yields

The benchmark 10-year bond was quoted at 96.57 rupees, with the yield slightly down at 6.9839%. Softer oil prices and U.S. Treasury yields offset caution over renewed U.S.-Iran tensions.

Swap and Money Markets

The one-year overnight index swap rate fell 3.5 bps to 6.1025%, while the five-year swap rate dropped 3 bps to 6.6125%. India's overnight call money rate stood at 5.20% and the overnight TREPS rate at 5.35%.