July 28 (Reuters) -

STOCKS:

The benchmark BSE Sensex was down 0.09% at 76,765.92,

while the broader NSE Nifty 50 index declined 0.04% to

23,985.35, as a pause in the Middle East strikes ahead of the

U.S. Federal Reserve rate decision gave the markets a breather.

RUPEE:

The Indian rupee rose 0.06% versus the U.S. dollar to

95.8525, closing at its strongest level in two weeks as a sharp

retreat in oil prices and likely central bank intervention

helped the currency cement its bounceback from near record low

levels.

GOVERNMENT BONDS:

The benchmark 10-year bond was quoted at 101.135

rupees, with the yield rising marginally at 6.7774%, as hefty

supply of 10-year notes later this week and the looming Federal

Reserve policy decision capped risk appetite.

OVERNIGHT INDEX SWAPS:

The one-year overnight index swap rate was

marginally down at 5.8825%, while the five-year swap rate

dropped nearly 1 bp to 6.35%.

CALL MONEY:

India's overnight call money rate was at 5.35% and the

overnight TREPS rate was at 5.30%.

(Reporting by Vijay Malkar in Bengaluru)