MUMBAI, March 20 (Reuters) - STOCKS:

The benchmark BSE Sensex was up 1% at 74,926, while the

broader NSE Nifty 50 rose 0.9% to 23,214, led by a

rebound in information technology stocks and broader Asian gains

as oil prices eased ahead of the U.S. Federal Reserve's rate

decision later in the day.

RUPEE:

The Indian rupee fell 0.76% versus the U.S. dollar to a

record low of 93.33, on heightened worries over the hit from the

Iran war-led disruption of global energy supplies on Asia's

third-largest economy.

GOVERNMENT BONDS:

The benchmark 10-year bond was quoted at 98.02

rupees, with the yield up 3 bps at 6.7646%, as traders were

forced to reassess risks to the economy and the central bank's

policy path, following sharp swings in oil prices that battered

the rupee.

OVERNIGHT INDEX SWAPS:

The one-year overnight index swap rate was up

6.75 basis points at 5.88%, while the five-year swap rate

rose 2.25 bps to 6.4325%.

CALL MONEY:

India's overnight call money rate was at 5.10%, and

the overnight TREPS rate was at 5.50%.