SNAPSHOT-India stocks, rupee, swaps, call at 1:00 p.m. IST

Kitco Media
By Reuters
Published:
Updated:
Reuters
MUMBAI, May 2 (Reuters) -
STOCKS: The benchmark BSE Sensex rose 334.75 points, or 0.55%, to 61,447.19, while the broader NSE index gained 90.9 points, or 0.50%, to 18,155.9, aided by broad-based gains across sectors, driven by March-quarter earnings, as investors await the interest rate decision by the U.S. Federal Reserve on Wednesday. RUPEE:
The Indian rupee was flat versus the U.S. dollar, and quoted at 81.83 per dollar, ahead of the beginning of the two-day Fed meeting. GOVERNMENT BONDS: Benchmark 10-year bond was quoted at 100.96 rupees, with yield unchanged at 7.1196% vs previous close of 7.1196%, as traders await Fed policy decision. OVERNIGHT INDEXED SWAPS: The one-year overnight indexed swap rate was unchanged at 6.58%, while the benchmark five-year swap rate rose 1 bps to 6.05%.
CALL MONEY/REPOS:
India's overnight call money rate was unchanged at 6.20% against 6.20% in the previous session. The overnight TREPS rate was at 6.72%, compared with the previous day's weighted average of 6.7644%. (Reporting by Dharamraj Dhutia)

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