Tuesday, June 12, 2012

Indian shares end at 1-mth high; banks gains

* India's BSE index hits highest close in 1-mth
* Industrial output in April grows at 0.1 pct
* Hopes for cuts in interest rates, CRR boost banks

By Manoj Dharra
MUMBAI, June 12 (Reuters) - India's benchmark index rose 1.2
percent on Tuesday to its highest close in over a month after
weak output data raised hopes the central bank will cut interest
rates, and possibly even the cash reserve ratio, in a bid to
bolster the economy.
Banks were among the leading gainers, also he

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