Indian Bonds, Rupee Gain After Gujarat Exit Poll Results

The Indian Rupee strengthened while bond yields inched lower on Friday morning after exit polls showed the country's ruling alliance would win elections in the prime minister's home state but caution remained ahead of the actual results.
The benchmark 10-year bond yield IN067927G=CC was down 1 basis point at 7.12 percent by 0357 GMT, while the partially convertible rupee INR=D2 was at 64.15 per dollar, compared with its previous close of 64.34. 
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