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The benchmark BSE Sensex rose 31.5 points, or 0.05%, to 58,798.09, while the broader NSE index lost 6.6 points, or 0.04%, to 17,536.2 in a volatile session, ahead of a critical U.S. jobs report that will help determine the pace of the Federal Reserve's rate hikes. Bharat Petroleum Corp Ltd and Shree Cement were the top losers on the Nifty 50 index, down 2.9% and 2.2%, respectively.[.BO]

RUPEE:

The Indian rupee weakened 0.30% to 79.7950 versus the U.S. dollar, as the greenback climbed after data showed the labour market remained strong in the United States, furthering the case for the Federal Reserve to keep tightening rates. [INR/]

GOVERNMENT BONDS:

India's benchmark 10-year bond was quoted at 95.34 rupees, with yield up 2 bps at 7.2318%, as weekly auction added to debt supply, while elevated U.S. Treasury yields dented appetite.[IN/]

The new 10-year bond was quoted at 100.32 rupees, with yield up 3 bps at 7.2135%. [IN/]

OVERNIGHT INDEXED SWAPS:

The one-year overnight indexed swap rate was up 2 bps at 6.33%, while the benchmark five-year swap rate rose 3 bps to 6.46%.

CALL MONEY/REPOS:

India's overnight call money rate was down 30 bps at 5.25% against 5.55% in the previous session. The overnight TREPS rate was at 5.16%, compared with the previous day's weighted average of 5.4215%.