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BSE Sensex falls 0.5 pct on gloomy industry output
The BSE Sensex closed down 0.46 percent on Friday, reversing early gains, after data showed the country's industrial output in December slowed sharply and Morgan Stanley cut its allocation for emerging market stocks. India's industrial output grew just 1.8 percent in December, its slowest in two months, as sluggish global growth, tight monetary policy from the country's central bank and government
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