MUMBAI, Sept 20 (Reuters) - STOCKS:
The benchmark NSE Nifty 50 added 1.48% to 25,790.95 and
the S&P BSE Sensex gained 1.63% to 84,544.31 as an
outsized interest rate cut by the U.S. Federal Reserve earlier
in the week whetted investor risk appetite across global
markets.
RUPEE:
The Indian rupee rose 0.1% versus the U.S. dollar to
83.56, helped by a rally in its Asian peers and likely portfolio
inflows after the Fed kicked off its anticipated interest rate
cutting cycle earlier in the week.
GOVERNMENT BONDS:
The benchmark 10-year bond was quoted at 102.34
rupees, with the yield up 1 bps at 6.7626% as traders booked
profit after the recent sharp fall.
OVERNIGHT INDEX SWAPS:
The one-year overnight index swap rate was
flat at 6.39%, while the five-year swap rate
declined 1 bp to 5.98%.
CALL MONEY:
India's overnight call money rate was at 6.25% and the
overnight TREPS rate was at 6.90%.
(Reporting by Bhakti Tambe)