Monday, July 6, 2009

BUDGET - SIDE EFFECTS SENSEX TANKS

The Bombay Stock Exchange's benchmark Sensex fell below the 13,500-mark in late afternoon trade as there was no respite in hectic selling triggered by Finance Minister Pranab Mukherjee's pegging of higher fiscal deficit in Budget 2009-10.

The bellwether index declined to 14,063 points at around 1530 hrs, down by more than 849 points from its previous close.

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