SNAPSHOT-India stocks, rupee, swaps, call at close

May 11 (Reuters) - STOCKS:

The benchmark BSE Sensex .BSESN was down 1.7% at 76,015.28, while the broader NSE Nifty 50 index .NSEI declined 1.49% to 23,815.85, after Prime Minister Narendra Modi urged a ‌spate of measures, including fuel conservation, fewer imports and gold purchases, as surging energy ​prices pressure foreign exchange ​reserves. .BO

RUPEE:

The Indian rupee INR=IN dropped 0.88% versus the U.S. dollar to 95.31, as heavy dollar demand from importers alongside a fresh run-up in oil prices battered the currency after U.S. President Donald Trump rejected Iran's response to a U.S. peace proposal. INR/

GOVERNMENT BONDS:

The benchmark 10-year bond IN064835G=CC was quoted at 96.2425 rupees, with the yield up 5 bps at 7.0317% as stalled U.S.-Iran peace talks sent oil prices higher, fuelling concerns over India's inflation and fiscal outlook, while traders positioned for a potentially firmer April inflation data. IN/

OVERNIGHT INDEX SWAPS:

The one-year overnight index swap rate INR1YMIBROIS=CC was up more than 7 basis points at 5.97%, while the five-year swap rate INR5YMIBROIS=CC rose 6 bps to 6.62%.

CALL MONEY:

India's overnight call money rate INROND= was at 4.85% and the overnight TREPS rate INTREPTOT=TCCL was at 5.04%.