MUMBAI, March 20 (Reuters) - STOCKS:
The benchmark BSE Sensex was up 0.82% at 76,068, while
the broader NSE Nifty 50 rose 0.86% to 23,104, led by a
rise in information technology stocks after the U.S. Federal
Reserve maintained its rate-cut projections for the year.
RUPEE:
The Indian rupee rose 0.1% versus the U.S. dollar to
86.3700, boosted by dollar sales by foreign banks and the
culling of bearish wagers as seasonal inflows propped up the
currency.
GOVERNMENT BONDS:
The benchmark 10-year bond was quoted at 101.11
rupees, with the yield down 3 bps at 6.6305%, tracking U.S.
Treasury yields after the Federal Reserve maintained its
projection of two interest rate cuts in 2025.
OVERNIGHT INDEX SWAPS:
The one-year overnight index swap rate was
down 3 bps at 6.07%, while the five-year swap rate
fell by 6 bps to 5.87%.
CALL MONEY:
India's overnight call money rate was at 6.17%, and
the overnight TREPS rate was at 6.10%.
(Reporting by)