Millennium Post

Sensex dips by 132 points on World Bank growth byte

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.
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