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

BY Reuters | ECONOMIC | 08/25/25 06:16 AM EDT

Aug 25 (Reuters) -

STOCKS: The benchmark BSE Sensex closed up 0.4% at 81,635.91, while the broader NSE index also advanced 0.4% to 24,967.75, as U.S. Federal Reserve Chair Jerome Powell hinting at an interest rate cut buoyed prospects for risk assets globally.

RUPEE: The Indian rupee dropped 0.1% versus the U.S. dollar to 87.58, as concerns over steep tariffs on Indian goods spurred dollar demand, with importer bids adding pressure. GOVERNMENT BONDS: The benchmark 10-year bond was quoted at 98.22 rupees, with the yield up nearly 3 bps at 6.5796%.

OVERNIGHT INDEX SWAPS: The one-year overnight index swap rate dropped 1 bp to 5.51%, while the five-year swap rate was unchanged at 5.7375%.

CALL MONEY: India's overnight call money rate was at 4.9% and the overnight TREPS rate was at 5.25%. (Reporting by Nandan Mandayam in Bengaluru)

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Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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