Markets

Indian shares, rupee trim fall; yield ease post GDP

Published Updated

India's economy grew 6.9 percent in the September quarter from a year earlier, in line with expectations, government data showed on Wednesday.

At 11:05 a.m. (0535 GMT), the main share index was trading down 0.4 percent, trimming its fall from 0.7 before the data.

The rupee was trading at 52.12/13 per dollar, from 52.15/16 earlier.

The yield on the new 10-year benchmark bond eased briefly to 8.76 percent, from 8.77 percent before the data. It had closed at 8.83 percent on Tuesday.

Copyright Reuters, 2011