MUMBAI, Sept 20 (Reuters) - STOCKS:

The benchmark BSE Sensex was up 0.1% to 84005, while

the broader NSE index also advanced 1.5% to 25805, with

both the indices hitting record highs, as an outsized interest

rate reduction by the U.S. Federal Reserve and the anticipation

of a soft landing boosted risk appetite.

RUPEE:

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

83.56, helped by a rally in its Asian peers and likely portfolio

inflows after the U.S. Federal Reserve kicked off its

anticipated interest rate cutting cycle earlier in the week.

GOVERNMENT BONDS:

The benchmark 10-year bond was quoted at 102.34

rupees, with the yield up 1 bps at 6.76% on profit booking.

OVERNIGHT INDEX SWAPS:

The one-year overnight index swap rate was

flat at 6.39%, while the five-year swap rate

declined 1 bp to 5.98%.

CALL MONEY:

India's overnight call money rate was at 6.20% and the

overnight TREPS rate was at 6.90%.

(Reporting by Bhakti Tambe)