US shutdown may hit exports, Indian rupee value

Oct 03 2013, 13:14 IST
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For India, it raises the prospect of a hit on exports as well renewed volatility in the rupee. Reuters For India, it raises the prospect of a hit on exports as well renewed volatility in the rupee. Reuters
SummaryGlobal stock markets shrug US shutdown crisis; Sensex gains 137 points.

world equity index, which tracks shares in 45 countries, rose 0.6 per cent to 384.45. The Dow Jones Industrial average gained 62.23 points to 15,191.90.

Meanwhile, in India, the benchmark BSE Sensex was up 137 points after current account deficit numbers came in better than expected.

The Nifty on the NSE rose 44.7 points, or 0.78 per cent, to 5,780.05. The SX40 index on the MCX Stock Exchange closed at 11,619.91, up 53.26 points.

Realty, bank, capital goods and auto sector stocks gained, while oil and gas and power shares fell.

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