MUMBAI, Aug 1 (Reuters) - STOCKS:

The benchmark BSE Sensex rose 126.39 points, or 0.15%,

to 81,867.73, while the broader NSE index gained 71.95

points, or 0.29%, to 25,023.1, both hitting record highs,

tracking a global rally after U.S. Federal Reserve Chair Jerome

Powell hinted at a possible interest rate cut in September.

RUPEE:

The Indian rupee was flat versus the U.S. dollar, and

quoted at 83.73 per dollar, as weakness in Chinese yuan offset

early gains after Fed Chair Powell's rate cut hints.

GOVERNMENT BONDS:

The benchmark 10-year bond was quoted at 101.27

rupees, with the yield down 1 bps at 6.9159% tracking a fall in

after U.S. peers post the Fed's dovish commentary.

OVERNIGHT INDEX SWAPS:

The one-year overnight index swap rate was up 1

bps at 6.65%, while the benchmark five-year swap rate

stayed fixed to 6.20%.

CALL MONEY/REPOS:

India's overnight call money rate was up 5 bps at

6.50%. The overnight TREPS rate was at 6.26%,

compared with the previous day's weighted average of 6.4074%.

(Reporting by Bhakti Tambe)