Apr 25, 2012, 12.26 PM | Source: Reuters
MARKETS-INDIA-SP-RATINGS-NEGATIVE-SENSEX:Markets hit after S&P cuts India outlook to negative
India's 10-year bond yield rose 4 basis points to 8.63 percent, while the rupee fell to 52.64 against the dollar from 52.48 before the action.
Domestic stocks were also hit, with the main BSE Sensex down 0.9 percent.
(Reporting By Mumbai Markets; Editing by Subhadip Sircar)