MUMBAI, Aug 20 (Reuters) - STOCKS:

The benchmark BSE Sensex was up 0.4% to 80,736.00,

while the broader NSE index was up 0.4% to 24,683.30,

led by financials and information technology stocks, as rising

expectations of an aggressive rate cut by the U.S. Federal

Reserve in September boosted sentiment and spurred a global

equities rally.

RUPEE:

The Indian rupee strengthened 0.09% versus the U.S.

dollar, and quoted at 83.7925 per dollar lifted by likely

inflows and a slump in the dollar index that helped Asian

currencies across the board.

GOVERNMENT BONDS:

The benchmark 10-year bond was quoted at 101.69

rupees, with the yield down 1 bps at 6.8568%, as strong demand

persisted ahead of the minutes from latest meeting of Indian and

U.S. central banks.

OVERNIGHT INDEX SWAPS:

The one-year overnight index swap rate was

down one basis point at 6.52% from 6.53% previous close, while

the five-year swap rate was down 2 bps at

6.10% against 6.12% previous close.

CALL MONEY:

India's overnight call money rate was down 65 basis

points at 5.80% against 6.45% previous close. The overnight

TREPS rate was at 5.95%, compared with previous

close of 6.15%.

(Reporting by Bhakti Tambe)