India stocks, rupee, swaps, call at 3:30 p.m. IST

STOCKS:

The benchmark BSE Sensex SENSEX rose 319.9 points, or 0.53%, to 60,941.67, while the broader NSE index NIFTY gained 94.6 points, or 0.52%, to 18,122.25, helped by gains in financial stocks as banks reported strong quarterly results over the weekend.

RUPEE:

The Indian rupee USDINR weakened 0.33% versus the U.S. dollar, and quoted at 81.39 per dollar, after climbing to a two-month high at the open, on dollar purchases by public sector banks likely for the central bank

GOVERNMENT BONDS:

The benchmark 10-year bond (IN072632G=CC) was quoted at 99.37 rupees, with the yield little changed at 7.3515% in the beginning of a week filled with heavy supply, which dampened investor sentiment.

OVERNIGHT INDEXED SWAPS:

The one-year overnight indexed swap rate (INRAMONMI1Y=) was down 2 bps at 6.62%, while the benchmark five-year swap rate (INRSMONMI5Y=) fell 1 bps to 6.11%.

CALL MONEY/REPOS:

India's overnight call money (INROND=) rate was up 5 bps at 5.75%. The overnight TREPS rate (INTREPTOT=TCCL) was at 6.43%, compared with the previous day's weighted average of 6.1678%.