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Indian bourse in record fall
- India: Saturday, May 20 - 2006 at 08:37
The Bombay Stock Exchange's 30-share Sensex plummeted by 6.8% or 826 points, its biggest ever points drop, on Thursday amid rumours of tax hikes on foreign institutional funds investing in Indian stocks, reported Gulf News. The National Stock Exchange also dipped by 6.8%, slumping 246 points. Wednesday's drop on Wall Street was also seen as a contributory factor.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, May 20 - 2006 at 08:37 UAE local time (GMT+4)
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