
July 7 (Reuters) -
STOCKS:
The benchmark BSE Sensex .BSESN and the broader NSE Nifty 50 index .NSEI ended flat, as gains in consumer stocks, led by Godrej Consumer GOCP.NS, helped offset broader losses, while investors stayed cautious amid growing uncertainty over U.S. trade policy. .BO
RUPEE:
The Indian rupee INR=IN dropped 0.54% versus the U.S. dollar to 85.8500, as uncertainty about U.S. tariff policies resurfaced with President Donald Trump's threat of a fresh 10% levy on BRICS countries compounding pressure on the local currency alongside peers like the South African rand and Chinese yuan. INR/
GOVERNMENT BONDS:
The benchmark 10-year bond IN063335G=CC was quoted at 100.255 rupees, with the yield little changed at 6.2933%, with ample liquidity cushioning sentiment as traders looked past the rupee's fall and awaited cues from U.S. yields and global tariff developments. IN/
OVERNIGHT INDEX SWAPS:
The one-year overnight index swap rate INR1YMIBROIS=CC was up 1 bp at %5.51, while the five-year swap rate INR5YMIBROIS=CC rose slightly to 5.6825%.
CALL MONEY:
India's overnight call money rate INROND= was at 4.85% and the overnight TREPS rate INTREPTOT=TCCL was at 5.26%.