India Stocks, Rupee, Bonds, Swaps at 3:30 PM IST
Indian Stocks Decline: Sensex and Nifty Fall
Indian stock markets declined as fresh U.S. strikes on Iran dampened hopes for a peace deal. The BSE Sensex fell 0.63% to 76,009.7, while the NSE Nifty 50 dropped 0.49% to 23,913.7.
Rupee Weakens
The Indian rupee weakened 0.47% against the U.S. dollar to 95.68, as crude oil prices rebounded on fading optimism for an imminent U.S.-Iran peace deal.
Bond and Swap Markets
The benchmark 10-year bond was quoted at 96.26 rupees, with yield nearly flat at 7.0305%. The one-year overnight index swap rate rose 3 bps to 6.1775%, while the five-year swap rate increased 2 bps to 6.69%.
Money Market
India's overnight call money rate stood at 4.6%, and the overnight TREPS rate was at 5.34%.
Impacted Symbols
Symbols affected by this headline and their sentiment signals
S&P BSE SENSEX Index
Fresh US strikes on Iran dampened peace hopes and increased geopolitical risks, directly causing a decline in the Sensex index.
Nifty 50 Index
Geopolitical tensions and increased uncertainty directly negatively impacted the Nifty 50 index, which fell 0.49%.
U.S. DOLLAR / INDIAN RUPEE
The rebound in oil prices and geopolitical risks directly pressured the rupee, which depreciated 0.47% against the dollar.
The news, analyses, and comments on this platform do not constitute investment advice. When making investment decisions, you should conduct your own research and consult with a qualified financial advisor if necessary. FiNews cannot be held responsible for any losses that may arise from the use of this information.
More Headlines
Tokyo Core Inflation Slows, Remains Below BOJ Target
Tokyo Core Inflation Slows, Remains Below BOJ Target
…Nikkei May Rise on Hopes for U.S.-Iran Peace Deal
Nikkei May Rise on Hopes for U.S.-Iran Peace Deal
…Australian Pension Fund HUB24 Faces Regulatory Scrutiny
Australian Pension Fund HUB24 Faces Regulatory Scrutiny
…