SNAPSHOT-India stocks, rupee, swaps, call at 1:05 p.m. IST

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SNAPSHOT-India stocks, rupee, swaps, call at 1:05 p.m. IST

, Reuters - 3:40 AM ET 3/20/2025 default

MUMBAI, March 20 (Reuters) - STOCKS: The benchmark BSE Sensex was up 0.82% at 76,068, while the broader NSE Nifty 50 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. RUPEE: The Indian rupee 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. GOVERNMENT BONDS: The benchmark 10-year bond 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. OVERNIGHT INDEX SWAPS: The one-year overnight index swap rate was down 3 bps at 6.07%, while the five-year swap rate fell by 6 bps to 5.87%.

CALL MONEY: India's overnight call money rate was at 6.17%, and the overnight TREPS rate was at 6.10%. (Reporting by)

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