Sensex Tanks more than 400 points on 12 sept 2016

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Tuesday 13 September 2016

Market benchmark Sensex tanks by almost 443 points to 28,353.31, while Nifty sustained above  the 8,700-level in the opening trade on Monday on heavy selling after revived speculation about a possible U.S. rate hike.

Moreover, the rupee depreciating by 25 paise to 66.93 against the dollar in opening trade at the forex market also had a bearing on the sentiment.

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