Traders said the measures were largely in line and there was scepticism about whether these foreign fund flows would actually come in.  India's industrial production contracted a higher-than-expected 2.2 percent in June from a year earlier, government data showed on Monday.
The partially convertible rupee was trading at 61.52 per dollar, weaker than its close of 61.27 on Monday and not far from a record low of 61.80 hit last week.


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