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People look at a large screen displaying India's benchmark
share index on the facade of the Bombay Stock Exchange building
in Mumbai March 31, 2008. Indian shares fell 4.44 percent
on Monday to end the March quarter down 22.9 percent, their
biggest quarterly fall since the June 1992 quarter, as surging
inflation and signs of an economic slowdown scared off investors.
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Morgan Stanley cuts India's GDP to 7.1%
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| Mumbai, Mar 31:
Morgan Stanley said on Monday that it had cut its forecast
for India`s economic growth to 7.1% for the fiscal year starting
in April, after the government said last week it was prepared
to give up growth to fight inflation.
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Coverage
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Sensex down over 700 pts
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| Mumbai, Mar 31:
The Indian equities market ended Monday with a huge loss,
with the benchmark index closing over 700 points in the red.
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Coverage
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