Sensex dips by 132 points on World Bank growth byte
19 Oct 2013 3:49 AM IST
The benchmark Sensex fell 132 points, the most this month, dragged down by IT stocks as investors shrugged off a deal reached by US lawmakers to end the government shutdown and increase the debt ceiling.
Optimism generated after the US averted the debt crisis for a few months was tempered by the World Bank’s sharply lower growth estimate of 4.7 per cent for the Indian economy.
Optimism generated after the US averted the debt crisis for a few months was tempered by the World Bank’s sharply lower growth estimate of 4.7 per cent for the Indian economy.
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