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Sensex tanks 298 points, metal, auto stocks fall
Mumbai, May 16 (IANS) A benchmark index of Indian equities fell 298 points Wednesday as concern over eurozone and a depreciating rupee weighed on sentiments. Metals, auto and consumer durable stocks came under intense selling on heavy funds outflow. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the positive at 16,132.68 points, closed at 16,030.09 points,
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