SNAPSHOT-India stocks, rupee, swaps, call at 1:05 p.m. IST
MUMBAI, March 20 (Reuters) - STOCKS:
The benchmark BSE Sensex .BSESN was up 0.82% at 76,068, while the broader NSE Nifty 50 .NSEI 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. .BO
RUPEE:
The Indian rupee INR=IN 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. INR/
GOVERNMENT BONDS:
The benchmark 10-year bond IN067934G=CC 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.IN/
OVERNIGHT INDEX SWAPS:
The one-year overnight index swap rate INR1YMIBROIS=CC was down 3 bps at 6.07%, while the five-year swap rate INR5YMIBROIS=CC fell by 6 bps to 5.87%.
CALL MONEY:
India's overnight call money rate INROND= was at 6.17%, and the overnight TREPS rate INTREPTOT=TCCL was at 6.10%.
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