Sensex down 704 pts on US stimulus fears falling rupee

August 16, 2013 13:59

Benchmark share indices slumped in noon trades on fears that an early rollback of the US monetary stimulus would spark foreign investors to sell and also due to rupee hitting an all-time low. The rupee was trading at Rs 62 against dollar. Sensex was down 703.5 point at 18,664.09.

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