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SNAPSHOT-India stocks, rupee, swaps, call at 1000 IST

MUMBAI, Dec 1 (Reuters) - STOCKS: The benchmark BSE Sensex rose 303.73 points, or 0.48%, to 63,403.38, while the broader NSE index gained 110.25 points, or 0.59%, to 18,868.6, tracking the sharp gains in global equities after Federal Reserve Chair Jerome Powell hinted at slowing the pace of interest rate hikes "as soon as December." RUPEE: The Indian rupee strengthened 0.37% versus the U.S. dollar, and quoted at 81.12 per dollar, amid a rally in Asian currencies after Powell's comments were viewed as dovish. GOVERNMENT BONDS: The benchmark 10-year bond was quoted at 100.06 rupees, with the yield down 3 bps at 7.2490% vs previous close of 7.2798% and tracking a similar move in U.S. peers, after Powell's comments. OVERNIGHT INDEXED SWAPS: The one-year overnight indexed swap rate was down 6 bps at 6.61%, while the benchmark five-year swap rate fell 4 bps to 6.28%. CALL MONEY/REPOS: India's overnight call money rate was unchanged at 5.75%. The overnight TREPS rate was at 5.62%, compared with the previous day's weighted average of 5.6576%. (Reporting by Bhakti Tambe)

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