MUMBAI, Sept 19 (Reuters) - STOCKS:
The benchmark BSE Sensex was up 0.4% at 83,106, while
the broader NSE index advanced 0.3% to 25,449, buoyed by
expectations of a rise in foreign inflows after the U.S. Federal
Reserve started its monetary easing cycle with a large
half-percentage-point rate reduction.
RUPEE:
The Indian rupee rose 0.08% versus the U.S. dollar to
83.68 aided by likely portfolio inflows and a rally in the
Chinese yuan after the Federal Reserve delivered a large
50-basis-point cut.
GOVERNMENT BONDS:
The benchmark 10-year bond was quoted at 102.41
rupees, with the yield hitting the lowest level in 31 months and
down 2 bps at 6.7577%, as traders resumed bond purchases in the
wake of a bumper rate cut from the U.S. central bank.
OVERNIGHT INDEX SWAPS:
The one-year overnight index swap rate was
down 2 basis points 6.37%, while the five-year swap rate
was marginally lower at 5.9625%.
CALL MONEY:
India's overnight call money rate was at 6.60% and the
overnight TREPS rate was at 6.00%.
(Reporting by Bhakti Tambe)