Sensex drops again

Sensex drops again on Indian growth moderation concern and worldwide lack of liquidity
Babu Ghanta
Feb. 7, 2008

Indian GDP growth can moderate below 6%. According to some analysts, if Government of India opts to market price of crude oil and corresponding diesel and gasoline prices, the economic growth of India can fall to a sharply negative zone. It is just a matter of time that happens.

The Sensex fell again. It plunged to a low of 17,492 in late noon deals - an intra-day decline of nearly 650 points from the previous close. The Sensex finally closed with a loss of over 600 points (3.4%) at 17,527. The NSE Nifty closed with a loss of 190 points (3.6%) at 5,133.

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BIZ/FINANCE ARTICLES

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