MUMBAI, Sept 23 (Reuters) -

STOCKS:

The benchmark BSE Sensex was up 0.4% at 84,868, while

the broader NSE advanced 0.6% to 25,937, lifted by

expectations of increased foreign inflows after the U.S. Federal

Reserve's rate cut fuelled a risk-on sentiment.

RUPEE:

The Indian rupee was little changed at 83.55 versus the

U.S. dollar as dollar demand from local oil companies eroded the

currency's early gains.

GOVERNMENT BONDS:

The benchmark 10-year bond was quoted at 102.32

rupees, with the yield nearly flat at 6.7643%, as traders await

fresh cues.

OVERNIGHT INDEX SWAPS:

The one-year overnight index swap rate was

down slightly at 6.3950%, while the five-year swap rate

was also marginally lower at 5.99%.

CALL MONEY:

India's overnight call money rate was at 5.90% and the

overnight TREPS rate was at 6.49%.

(Reporting by Bhakti Tambe)