SNAPSHOT-India stocks, bonds, rupee, swaps, call at 0433 GMT

STOCKS
-----------------------
India's main index fell 0.13 percent, while the
50-share NSE index was down 0.11 percent, led by fall in
defensive shares, a day after hitting the highest levels since
July 2011.

GOVERNMENT BONDS
-------------------------------
India's benchmark 10-year bond yield edges
down 1 basis point (bp) to 8.15 percent. Investors continue to
build longs on expectations of interest rate cuts from the
central bank after the government goes on a reform drive.

RUPEE
--------------
USD/INR falls sharply in choppy opening trades with
pair at 53.11/12 after rising to 53.52 initially, 53.45/46 last
close

INTEREST RATE SWAPS
-------------------------------------
The 1-year OIS down 2 bps at 7.68 percent,
while the 5-year OIS is down 1 bps at 7.14
percent.

CALL MONEY
--------------------
India's one-day cash rate was at 8.05/8.10 percent, higher
from previous close of 7.95/8.00 percent

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Reuters MIOR/MIBOR
NSE MIBID/MIBOR
Reuters Corporate Bond Yield/Spread
For Reuters Benchmarks
South Asia markets technicals - (www.reuterstechnicals.com)

(Compiled by Manoj Dharra)