GLOBAL MARKETS ROUNDUP
* Asian stocks and the euro fell on Thursday as markets erred on the side of caution over the ongoing Greek debt negotiations amid conflicting headlines on progress in the talks. MKTS/GLOB
* The euro took a dip early in Asia, buffeted by a barrage of conflicting headlines that left investors no clearer on whether Greece may yet secure a new debt agreement with its European lenders. FRX/
* Oil prices fell as much as 3 percent on Wednesday after U.S. stockpiles hit record highs, and analysts and traders said the market could shed more of a two-week rebound that was spurred by expectations of lower output. O/R
* U.S. Treasury debt prices reversed early gains and turned lower on Wednesday after a news report that Greece had reached an agreement in principle with euro zone countries over its finances. US/
LOCAL MARKETS PREVIOUS CLOSE
* BSE index .BSESN 28,533.97 (up 0.63 pct)
* NSE index .NSEI 8,627.40 (up 0.72 pct)
* Rupee INR=D2 62.25/26 per dlr (62.18/19)
* 10-year bond yield IN084024G=CC 7.73 pct (7.73 pct)
* 5-year OIS rate INRSMONM5YFIX= 6.94 pct (6.93 pct)
* 1-year OIS rate INRANONM1YFIX= 7.66 pct (7.65 pct)
* Call money INROND= 8.70/8.75 pct (7.75/7.80 pct)
FACTORS TO WATCH
* Monthly consumer price inflation data for January and Industrial output data for December at 1730 IST ID:nL4N0VJ4ZX
* Results: Oil and Natural Gas Corp, Coal India, Bank of India, Bajaj Electricals, Bajaj Hindusthan, Bharat Heavy Electricals, CESC, Cipla, Elder Pharmaceuticals, Future Retail, Glaxosmithkline Pharmaceuticals, Glenmark Pharmaceuticals, GMR Infrastructure, Hindalco Industries, Indiabulls Real Estates, Indraprastha Gas, JKumar Infraprojects, Jindal Stainless, Lanco Infratech, Max India, MRF, Mahanagar Telephone Nigam, Reliance Capital, Shipping Corp of India, Tata Communications, United Breweries Holdings
OVERNIGHT NEWS
* Indian inflation probably rose in January as the country shifted to a new base year for calculating prices, adding more weight for services like education and health, changes that may deter the central bank from cutting interest rates soon. ID:nL4N0VL1ZL
* India's Supreme Court has asked conglomerate Sahara to submit a fresh plan for raising funds against its properties after the collapse of negotiations with a U.S.-based firm last week, an independent lawyer advising the court on the case said. ID:nL4N0VL44X
* Officials at India's market regulator, which is seeking redress for millions of investors it says were burnt in conglomerate Sahara's illegal bond scheme, say the group may not wholly own some of the properties in India it listed as proof of its ability to repay the savers. ID:nL5N0VL1ST
* India, the world's second biggest sugar producer, is considering giving export incentives for 1.4 million tonnes raw sugar, Food Minister Ram Vilas Paswan said on Wednesday, as mills started distress sale of the sweetener to pay cane farmers. ID:nD8N0TU02K
* Two state-of-the-art public hospitals in New Delhi are barely operational years after they officially opened - not for lack of funding but because officials did not spend the millions of dollars allocated to treat heart and kidney patients. ID:nL3N0UO1UX
* Indian corn producers, after scoring virtually no major export deal for months, are counting on local chicken farms to absorb millions of tonnes of the grain as poultry output heads for yet another record year. ID:nL4N0V04P0
KEY DEALS
* Singapore's Sembcorp Industries Ltd SCIL.SI said on Wednesday its unit Sembcorp Utilities will buy a 60 percent stake in Indian renewable energy firm Green Infra for about $170 million. ID:nL4N0VL3N9
* India's Bank of Baroda BOB.NS plans to raise 10 billion rupees ($160.13 million) selling certificates of deposits maturing in two months, three merchant bankers said. NFRI ID:nNFR75Q3j3
USD/INR NDFs (NY closing prices)
For up-to-date prices, double click PNDF
Open
High
Low
Close
Volume
62.52
62.82
62.60
62.72-75
NA
FII INVESTMENTS-EQUITIES (Net dollars)
Feb.11*
-$59.64 mln
Month-to-date**
$514.03 mln
Year-to-date**
$2.62 bln
* Provisional NSE data
** Source: Data as per latest custodial filing as on Feb.11 on NSDL's website.
FII INVESTMENTS-DEBT (Net Dollars) INFII INFII01* Debt
Feb.11*
$1.12 mln
Month-to-date
$652.75 mln
Year-to-date
$4.57 bln
* Source: Data as per latest custodial filing as on Feb.11 on NSDL's website, Reuters calculation
GOVERNMENT SECURITIES TRADING (Net buy/sell, in rupees)
Feb.11
Foreign Banks
-16.54 bln
Public Sector Banks
12.96 bln
Private Sector Banks
0.97 bln
Mutual Funds
-1.45 bln
Others
2.64 bln
Primary Dealers
1.42 bln
INFLOWS
===========================================================
Instrument
Payment
Date
Amount
(mln rupees)
===========================================================
SDL 09.48%, 2024
Interest Feb 12
237.00
(KERALA)
SDL 09.50%, 2024
Interest Feb 12
213.75
(2 States)
SDL 09.51%, 2024
Interest Feb 12
475.50
(HARYANA)
SDL 09.53%, 2024
Interest Feb 12
583.14
(GUJARAT)
SDL 09.55%, 2024
Interest Feb 12
570.61
(KARNATAKA)
SDL 09.63%, 2024
Interest Feb 12
1624.00
(2 States)
SDL 09.64%, 2024
Interest Feb 12
482.00
(BIHAR)
SDL 09.67%, 2024
Interest Feb 12
338.45
(JHARKHAND)
SDL 09.69%, 2024
Interest Feb 12
290.70
(PUNJAB)
SDL 09.72%, 2024
Interest Feb 12
486.00
(WEST BENGAL)
10.47% 2015
Redemption Feb 12
39667.29
91 days T-Bill
Redemption Feb 12
140510.00
182 days T-Bill
Redemption Feb 12
38300.00
SDL 08.85%, 2016
Interest Feb 13
132.75
(HARYANA)
SDL 09.02%, 2024
Interest Feb 13
992.20
(2 States)
SDL 09.03%, 2024
Interest Feb 13
880.43
(3 States)
SDL 09.05%, 2024
Interest Feb 13
90.50
(GOA)
SDL 09.07%, 2024
Interest Feb 13
136.05
(HARYANA)
SDL 09.11%, 2019
Interest Feb 13
136.65
(PUNJAB)
SDL 09.60%, 2023
Interest Feb 14
67.63
(MAHARASHTRA)
SDL 09.65%, 2023
Interest Feb 14
482.50
(KARNATAKA)
SDL 09.71%, 2023
Interest Feb 14
873.90
(ANDHRA PRADESH)
SDL 09.82%, 2023
Interest Feb 14
245.50
(RAJASTHAN)
SDL 09.87%, 2023
Interest Feb 14
246.75
(PUNJAB)
SDL 09.89%, 2023
Interest Feb 14
247.25
(HARYANA)
===========================================================
For the monthly inflows see: ID:nL4N0VC1PB
===========================================================
ISSUANCES
Bonds auction
130 billion rupees
LIQUIDITY
* The Reserve Bank of India said on Wednesday it accepted all 31 bids for 86.65 billion rupees ($1.39 billion) at its one-day repo auction, through which it injects liquidity into the banking system. ID:nS8N0TP02I
* Indian banks' refinancing with RBI flat at 73.05 billion rupees. ID:nS8N0TP02G
* Indian banks' cash balances with RBI rise to 3.63 trillion rupees. ID:nS8N0TP02H
($1 = 62.4508 Indian rupees)