Jan 29 (Reuters) -

STOCKS:

The benchmark BSE Sensex was up 0.83% at 76,532.96,

while the broader NSE Nifty 50 index advanced 0.9% to

23,163.10, led by information technology and financials, with

investors awaiting the U.S. Federal Reserve's comments on

interest rates later in the day.

RUPEE:

The Indian rupee closed at 86.54 against the U.S.

dollar, barely changed from its close at 86.5225 in the previous

session as traders awaited cues from the Federal Reserve's

policy decision due in U.S. market hours.

GOVERNMENT BONDS:

The benchmark 10-year bond was quoted at 100.7

rupees, with the yield little changed at 6.69%, as market

participants await key triggers in the form of the start of the

central bank's liquidity infusion as well as federal budget

announcement.

OVERNIGHT INDEX SWAPS:

The one-year overnight index swap rate was

down 1 basis point at 6.09%, while the five-year swap rate

dropped 2 bps to 6.35%.

CALL MONEY:

India's overnight call money rate was at 5.9% and the

overnight TREPS rate was at 6.27%.

(Reporting by Manvi Pant in Bengaluru)