Indian Stocks, Rupee Retreat as Bets of U.S. Rate Hike Increase

  • Sensex falls to three-month low; rupee falls most since June
  • Fed minutes show September decision to hold was close call

Indian equities and the currency fell as trading resumed after a two-day holiday, mirroring losses in global stocks after Federal Reserve minutes boosted the case for tighter monetary policy before the year-end and China export data signaled a deeper slowdown.

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