Indian shares falter after weak Q4 GDP data

Newswire

MUMBAI, May 31 (Reuters) - Indian shares fell on Thursday after economic growth data came well below expectations, though indexes cut its earlier bigger losses on the back of volatility that traders attributed to the expiry of derivatives. India's economy grew at an annual rate of 5.3 percent in the last quarter of the fiscal year ended in March 2012, much below market expectations. Reliance Industries rose 0.09 percent for the day, seeing big swings in the afternoon session ahead of the ...

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