RTRS: India mkts largely steady post cbank plcy decision
MUMBAI, July 28 (Reuters) - Indian shares flip-flopped while bonds and rupee were largely unchanged after the central bank's decision to hold key rates steady at its first-quarter policy review. See [ID:nBAY000138]
At 11:20 a.m. (0550 GMT), the benchmark 10-year benchmark 6.90 percent bond maturing in 2019 IN069019G=CC was at 6.96 percent, just one basis point above 6.95 percent before the announcement -- which was also its close on Monday.
The partially convertible unit INR=IN was largely steady at 48.22/23 per dollar after the decision. It had closed at 48.16/17 on Monday.
India's main share index .BSESN first extended losses and then trimmed them, to be largely unchanged 0.34 percent lower at 15,322.10 points. (Reporting by Swati Bhat; Editing by Himani Sarkar)