Reuters India Indian shares have slumped nearly 6 percent in the last three sessions as the rupee went past 64 to the dollar and bond yields spiked to a five-year high.

Reuters India

Indian shares have slumped nearly 6 percent in the last three sessions as the rupee went past 64 to the dollar and bond yields spiked to a five-year high.

Nifty ends at lowest in almost a year; blue chips fall

in.reuters.com

The Nifty pared some of its initial losses, but closed at its lowest in almost a year on Tuesday, weighed down by blue chips as the rupee hit a record low and on expectations of a cut in U.S. stimulus as early as next month.