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    HomeNewsBusinessMarketsBSE Sensex, bonds fall after May inflation gains

    BSE Sensex, bonds fall after May inflation gains

    BSE-SENSEX-BONDS-FALL-AFTER-INFLATION:BSE Sensex, bonds fall after May inflation gains

    June 15, 2012 / 10:41 IST

    MUMBAI (Reuters) - India's bond prices and stocks fell, while the rupee weakened on Thursday after May headline inflation rose 7.55 percent from a year earlier, dashing hopes the wholesale price index would fall below the 7 percent level.


    The benchmark 10-year bond yield rose 3 basis points to 8.28 percent from levels before the data, while the main BSE index erased earlier gains to fall 0.2 percent.


    The rupee weakened to 55.75/76 against the dollar from around 55.70 before the inflation data.


    India's wholesale price index (WPI) rose 7.55 percent in May from a year earlier, compared to expectations for an annual rise of 7.60 percent.


    (Reporting By Mumbai Markets team; Editing by Subhadip Sircar)

    first published: Jun 14, 2012 12:16 pm

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