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SNAPSHOT-India stocks, rupee, swaps, call at close

ReutersMay 29, 2025 11:32 AM

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STOCKS:

The benchmark BSE Sensex .BSESN was up 0.4% at 81,633.02, while the broader NSE Nifty 50 index .NSEI also advanced 0.4% to 24,833.6, led by information technology stocks after a U.S. trade court blocked most of U.S. President Donald Trump's tariffs. .BO

RUPEE:

The Indian rupee INR=IN dropped 0.2% versus the U.S. dollar to 85.5075, as the greenback firmed following a court decision to block President Donald Trump's "reciprocal tariffs" from going into effect, while traders also pointed to importer dollar bids weighing on the local unit. INR/

GOVERNMENT BONDS:

The benchmark 10-year bond IN063335G=CC was quoted at 101.1 rupees, with the yield little changed at 6.1794% as market participants await fresh debt supply on Friday. IN/

OVERNIGHT INDEX SWAPS:

The one-year overnight index swap rate INR1YMIBROIS=CC was up 1 basis point at 5.57%, while the five-year swap rate INR5YMIBROIS=CC was flat at 5.64%.

CALL MONEY:

India's overnight call money rate INROND= was at 5.8% and the overnight TREPS rate INTREPTOT=TCCL was at 5.75%.

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