Rupee gains marginally, Sensex rises after in-line GDP

MUMBAI Fri Nov 30, 2012 11:54am IST

A man deposits his money in a bank in Amritsar April 19, 2010. REUTERS/Yasir Iqbal/Files

A man deposits his money in a bank in Amritsar April 19, 2010.

Credit: Reuters/Yasir Iqbal/Files

Related Topics

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

The Sensex extended gains to 0.5 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

REUTERS SHOWCASE

School Shooting

School Shooting

Two killed, four wounded in Washington state school shooting.  Full Article 

Sundar Pichai Elevated

Sundar Pichai Elevated

Google's Pichai to oversee major products and services.  Full Article 

Need For Reforms

Need For Reforms

Euro zone risks "relapse into recession" without structural reforms - Draghi.  Full Article 

Diwali Sales

Diwali Sales

Gold sales jump about 20 pct for Diwali - trade body  Full Article 

World Bank Rival

World Bank Rival

Three major nations absent as China launches W.Bank rival in Asia  Full Article 

Wal-Mart India

Wal-Mart India

Murali Lanka appointed as Wal-Mart India operations chief  Full Article 

Health Of Lenders

Health Of Lenders

25 European banks set to fail health checks - sources.  Full Article 

Special Report

Special Report

Why Madrid's poor fear Goldman Sachs and Blackstone  Full Article 

India Insight

India Insight

Kalki Koechlin on her role as a disabled girl in “Margarita, With a Straw”  Full Article 

Reuters India Mobile

Reuters India Mobile

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