date:Sep 17, 2013
flation number dampened market expectations that Rajan would begin to rollback some of the measures put in place by his predecessor in a bid to arrest a sharp fall in the rupee since May. Those steps included draining liquidity from the banking system.
The rupee, stocks and bonds all pared earlier gains after the data, with the rupee trading at 62.70 to the dollar as of 0930 GMT, up about 1.3 percent on the day but still down more than 12 percent so far this year.
The benchmark BSE share index