India Rupee Falls With Stocks as Modi Suffers Loss in State Poll

  • Ten-year government bond yield at highest level since Sept. 28
  • Fed rate-rise bets to keep markets nervous, DBS Bank says

India’s rupee fell the most since August, while stocks and bonds retreated, on concern an election defeat for Prime Minister Narendra Modi’s party in the country’s third-most-populous state will hamper his ability to push through policies to strengthen the economy.

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