Indian rupee gains marginally, stocks, bonds unchanged after in-line GDP

MUMBAI Fri Nov 30, 2012 11:16am IST

Related Topics

MUMBAI Nov 30 (Reuters) - The Indian rupee rose marginally, while federal bonds and stocks were broadly unchanged after the September quarter economic growth came in line with market estimates.

The main stock index extended gains to 0.4 percent from 0.3 percent before the data release.

The rupee was at 54.54/56 to the dollar against 54.61/64 previously.

The 10-year bond yield was at 8.17 percent, unchanged after the data. It was down 4 basis points after the central bank announced open market operations.

India's economy grew at a lower-than-expected 5.3 percent in the quarter ending in September, against analysts' forecast of 5.4 percent, government data showed on Friday. (Reporting by Subhadip Sircar; Editing by Prateek Chatterjee)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

IT Sector

REUTERS SHOWCASE

Telecom Sector

Telecom Sector

RIL telecoms unit in tower lease pact with ATC  Full Article 

Tracking Asia

Tracking Asia

Asian stocks subdued on Ukraine caution  Full Article 

Commodities

Commodities

Gold falls to 2-1/2 week low in thin trade  Full Article 

A Tough Sell

A Tough Sell

Insurance against a China financial crisis  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage