MUMBAI, Aug 25 (Reuters) -

STOCKS:

The benchmark BSE Sensex rose 0.5% to 81,720, while the

broader NSE Nifty 50 advanced 0.5% to 24,990, driven by

gains in information technology stocks after U.S. Federal

Reserve Chair Jerome Powell hinted at an interest rate cut next

month.

RUPEE:

The Indian rupee fell 0.1% versus the U.S. dollar to

87.45 after Fed Chair Jerome Powell set the stage for a

September rate cut, pushing U.S. yields and the dollar lower.

GOVERNMENT BONDS:

The benchmark 10-year bond was quoted at 98.34

rupees, with the yield up 1 bp amid short selling and as fiscal

worries continue to hurt.

OVERNIGHT INDEX SWAPS:

The one-year overnight index swap rate was

down 1 basis point at 5.51%, while the five-year swap rate

dropped 2 bps to 5.72%.

CALL MONEY:

India's overnight call money rate was at 5.20% and the

overnight TREPS rate was at 5.41%.