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Global chill sends 2000-pt shiver down Sensex

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    • ENS Economic Bureau Tags : Posted: Tuesday , Jan 22, 2008 at 0050 hrs

    A big cut in interest rates by US Fed will boost emerging markets like India. FIIs have been big sellers in the market of late. They have withdrawn around $1.4 billion in the last three days of last week, leading to a 1814-point loss in the Sensex. The market estimates that FIIs have withdrawn another $500 million today.

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