The benchmark 10-year bond was quoted at 100.50 rupees, with the yield little changed at 6.7169% as traders watch for a weekly auction as well as domestic GDP growth data. The one-year overnight index swap rate was down 2 basis points at 6.25%, while the five-year swap rate dropped 2 bps to 6.00%.

Domestic equity benchmarks- the Sensex and the Nifty 50- ended flat on Thursday, February 27, amid persisting concerns of foreign capital outflow, economic growth slowdown and a trade war fears between the US and its allies.

Indian benchmark equity indices, Sensex and Nifty, traded lower on Friday, weighed down by heavy losses in banking and IT stocks, as investors awaited key GDP data and responded to fresh comments from U.