Financial Times FT.com

Indian stocks remain under pressure

Dave Shellock

Published: October 30 2009 04:57 | Last updated: October 30 2009 16:25

Indian stocks came under severe selling pressure this week as corporate earnings disappointed and the Reserve Bank of India told the market to expect interest rates to rise soon.

The BSE Sensex index tumbled 5.4 per cent to 15,896.28, its worst performance for 3½ months, as it declined every day of the week.

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