SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST

May 15 (Reuters) - STOCKS:

The benchmark BSE Sensex .BSESN was up 1.5% to 82,530.74, while the broader NSE index .NSEI advanced 1.6% to 25,062.10, after U.S. President Donald Trump said India had offered a zero-tariff trade deal to the United States. .BO

RUPEE:

The Indian rupee INR=IN dropped 0.3% versus the U.S. dollar to 85.55, weighed down by persistent interbank dollar demand, but pared losses after President Donald Trump said that India had offered a zero-tariff trade deal to the United States. INR/

GOVERNMENT BONDS:

The benchmark 10-year bond IN067934G=CC was quoted at 103.585 rupees, with the yield down 1 basis point at 6.2777%, on replacement demand after central bank's bond purchase and easing US Treasury yields. IN/

OVERNIGHT INDEX SWAPS:

The one-year overnight index swap rate INR1YMIBROIS=CC was little changes at 5.63%, while the five-year swap rate INR5YMIBROIS=CC 3 bps to 5.68%.

CALL MONEY:

India's overnight call money rate INROND= was at 5.70% and the overnight TREPS rate INTREPTOT=TCCL was at 5.78%