MUMBAI, Jan 29 (Reuters) -
STOCKS:
The broader Nifty 50 gained 0.77% to 23,134.90 points,
while the benchmark BSE Sensex was up 0.7% to
76,432.33, led by information technology and auto stocks, with
investors awaiting the U.S. Federal Reserve's comments on
interest rates later in the day.
RUPEE:
The Indian rupee declined about 0.1% versus the U.S.
dollar to 86.5725, on the back of strong dollar bids related to
importers' month-end payments, while a decline in the cost of
hedging against the domestic currency's decline also weighed.
GOVERNMENT BONDS:
The benchmark 10-year bond was quoted at 100.67
rupees, with the yield little changed at 6.69%, as traders
awaited the Fed's policy decision and the response to the
central bank's liquidity measures for directional cues.
OVERNIGHT INDEX SWAPS:
The one-year overnight index swap rate was
down one basis points at 6.35%, while the five-year swap rate
declined nearly 2 bps to 6.09%.
CALL MONEY:
India's overnight call money rate was at 6.45%, and
the overnight TREPS rate was at 6.40%.