GLOBAL MARKETS ROUNDUP
* Asian shares got off to a lacklustre start on Friday, as a late earnings-led surge on Wall Street was tempered by ongoing concerns about global growth. MKTS/GLOB
* Dollar-bloc currencies nursed hefty losses early on Friday, following a selloff that saw the Australian dollar slump to its lowest in over five years as investors wagered on an interest rate cut by the Reserve Bank of Australia. FRX/
* Oil prices dipped in early trading on Friday following slight gains in the previous sessions, and analysts said the outlook remained weak with production high and producers reducing operating costs to adjust to lower export revenues. O/R
* U.S. Treasuries fell on Thursday, with long-term yields backing away from record lows as U.S. jobless claims figures shrank to a 15-year low and investors made room for $64 billion of new government debt. US/
LOCAL MARKETS PREVIOUS CLOSE
* BSE index .BSESN 29,681.77 (up 0.41 pct)
* NSE index .NSEI 8,952.35 (up 0.43 pct)
* Rupee INR=D2 61.86/87 per dlr (61.41/42)
* 10-year bond yield IN084024G=CC 7.71 pct (7.71 pct)
* 5-year OIS rate INRSMONM5YFIX= 6.82 pct (6.79 pct)
* 1-year OIS rate INRANONM1YFIX= 7.52 pct (7.51 pct)
* Call money INROND= 6.80/6.85 pct (6.80/6.85 pct)
FACTORS TO WATCH
* Revised GDP data for last three fiscal years ending March 14 at 1130 GMT
* Infrastructure output data for December at 0630 GMT
* Fiscal deficit data for December at 1030 GMT
* Weekly foreign reserves data at 1130 GMT
* Earnings: ICICI Bank ICBK.NS , Bank of Baroda BOB.NS , Adani Enterprises ADEL.NS , Andhra Bank ADBK.NS , Vijaya Bank VJBK.NS , Tech Mahindra TEML.NS , HCL Technologies HCLT.NS , JSW Steel JSTL.NS , NTPC NTPC.NS , Berger Paints India BRGR.NS , Dabur India DABU.NS , Engineers India ENGI.NS , IFCI IFCI.NS , Indoco Remedies INRM.NS , Kirloskar Brothers KRBR.NS , Mahindra Lifespace Developers MALD.NS , Monsanto India MNSN.NS , PVR PVRL.NS , Shoppers Stop SHOP.NS , Siemens India SIEM.NS , Sundaram Finance SNFN.NS , Sun TV Network SUTV.NS , Tata Global Beverages TAGL.NS , Thermax THMX.NS , Thomas Cook India THOM.NS , Usha Martin USBL.NS , Whirlpool of India WHIR.NS
OVERNIGHT NEWS
* India has priced its sale of a stake in Coal India Ltd COAL.NS at a 4.5 percent discount to the Thursday close, as it looks to lure buyers for the biggest ever offering in the local equity market. ID:nL4N0V86ES
* India's Sesa Sterlite Ltd SESA.NS said on Thursday it was taking steps to reduce operating and capital costs, the latest miner to address the impact of sharp falls in the prices of iron ore, crude oil and other commodities. ID:nL4N0V86OB
* The Indian government has asked tax officials to apply the principle behind a tax ruling in favour of Vodafone Group Plc VOD.L to all similar cases, a major boost to foreign firms including Royal Dutch Shell PLC RDSa.L . ID:nL4N0V84GR
* Indian state-run utility NTPC NTPC.NS has restricted the building of three new solar power projects to domestic manufacturers, even as India pushes for overseas companies to lead fresh investments into a renewable energy drive. ID:nL6N0V806Y
* Bharti Airtel BRTI.NS said on Thursday its mobile commerce unit will apply for a payments bank licence which will allow India's biggest telecom network carrier to offer basic banking services like remittances and deposits, but not lend money. ID:nL4N0V85UQ
* Mahindra & Mahindra MAHM.NS , India's leading utility vehicle manufacturer, said it conducted raids across six auto spare part makers and sales outlets in the country, to counter the 'ever-growing' threat of counterfeit products. ID:nL4N0V85WW
KEY DEALS
* State-owned Dena Bank DENA.NS has invited bids for its 10 billion rupees ($162 million) offering of Basel III compliant Additional Tier 1 perpetual bonds. IFR
USD/INR NDFs (NY closing prices)
For up-to-date prices, double click PNDF
Open
High
Low
Close
Volume
62.03
62.22
62.02
62.05-10
HIGH
FII INVESTMENTS-EQUITIES (Net dollars)
Jan. 29*
$278.66 mln
Month-to-date**
$1.81 bln
Year-to-date**
$1.81 bln
* Provisional NSE data
** Source: Data as per latest custodial filing as on Jan.29 on NSDL's website.
FII INVESTMENTS-DEBT (Net Dollars) INFII INFII01* Debt
Jan. 29*
$210.80 mln
Month-to-date
$3.44 bln
Year-to-date
$3.44 bln
* Source: Data as per latest custodial filing as on Jan.29 on NSDL's website, Reuters calculation
GOVERNMENT SECURITIES TRADING (Net buy/sell, in rupees)
Jan. 29
Foreign Banks
-7.73 bln
Public Sector Banks
22.35 bln
Private Sector Banks
4.47 bln
Mutual Funds
-1.62 bln
Others
1.48 bln
Primary Dealers
-18.96 bln
INFLOWS =========================================================== Instrument
Payment
Date
Amount
(mln rupees) =========================================================== SDL 07.76%, 2019
Interest Jan 30
388.00 (KARNATAKA) SDL 07.77%, 2019
Interest Jan 30
388.50 (2 States) SDL 09.35%, 2024
Interest Jan 30
701.25 (MAHARASHTRA) SDL 09.37%, 2024
Interest Jan 30
730.86 (GUJARAT) SDL 09.38%, 2024
Interest Jan 30
154.77 (2 States) SDL 09.40%, 2024
Interest Jan 30
896.59 (2 States) SDL 09.41%, 2024
Interest Jan 30
1411.50 (2 States) SDL 09.42%, 2024
Interest Jan 30
471.00 (WEST BENGAL) SDL 09.60%, 2024
Interest Jan 30
336.00 (CHATTISGARH) SDL 09.69%, 2024
Interest Jan 30
218.03 (JHARKHAND) =========================================================== For the monthly inflows see: ID:nL3N0UG0UX ===========================================================
ISSUANCES
Bonds auction
130 billion rupees
LIQUIDITY
* The Reserve Bank of India said on Thursday it accepted all 39 bids for 159 billion rupees ($2.59 billion) at its one-day repo auction, through which it injects liquidity into the banking system. ID:nS8N0V6006
* Indian banks' refinancing with RBI falls to 55.44 billion rupees. ID:nS8N0TP01G
* Indian banks' cash balances with RBI at 3.57 trillion rupees. ID:nS8N0TP01H