India Markets Weaker After Greek Referendum

<div>Indian shares and bonds fell on Monday after Greeks overwhelmingly rejected conditions of a rescue package from creditors, raising fears foreign investors would ride out the uncertainty by paring down riskier holdings in emerging markets.</div><div>&nbsp;</div><div>The resounding 'no' vote threw the future of Greece's euro zone membership into further doubt and deepened a standoff with lenders.</div><div>&nbsp;</div><div>The rupee weakened to 63.5600/57 per dollar compared to its previous close of 63.44/45 at 0913 India time.</div><div>&nbsp;</div><div>The NSE index fell more than 1 percent, while the 10-year benchmark bond yield was up 1 basis point, after rising as much as 3 basis points earlier.</div>