Sensex, rupee extend fall after industrial output data

Reuters
Sensex, rupee extend fall after industrial output data
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A stock broker looks at a terminal while trading at a stock brokerage firm in Mumbai November 17, 2008. …

NEW DELHI (Reuters) - The BSE Sensex extended losses to more than 2 percent and the rupee weakened to its lowest in more than a year on Monday after government data showed industrial output in July rose a lower-than-expected 3.3 percent from a year earlier.

The median forecast in a Reuters poll was for an annual rise of 6.2 percent.

At 11:13 a.m (0543 GMT), the benchmark 30-share BSE index was down 2.24 percent at 16,489.42 with all but three of its components in red.

The partially convertible rupee weakened past the 47 to a dollar mark to hit 47.0050, a level last seen on Aug. 31, 2010.

(Reporting by Devidutta Tripathy; Editing by Aradhana Aravindan)

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