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

MUMBAI, Dec 1 (Reuters) - STOCKS: The benchmark BSE Sensex rose 313.55 points, or 0.5%, to 63,413.2, while the broader NSE index gained 84.05 points, or 0.45%, to 18,842.4, tracking a global rally after Federal Reserve Chair Jerome Powell hinted at slowing the pace of interest rate hikes "as soon as December." RUPEE: The Indian rupee strengthened 0.32% to 81.1650 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 100.20 rupees, with the yield down 5 bps at 7.2287%, as stop losses of short sellers were triggered, leading to a fresh round of purchases. 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 down 10 bps at 5.65%. The overnight TREPS rate was at 5.65%, compared with the previous day's weighted average of 5.6576%. (Reporting by Anushka Trivedi in Mumbai)

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