Sensex Slumps 750 Points On US Rate Hike Worries; Nifty Slips Below 17,100

Sensex Slumps 750 Points On US Rate Hike Worries; Nifty Slips Below 17,100

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Indian shares opened sharply lower on Monday on the back of weak global cues, as signs of a strong U.S. labor market and rising oil prices stoked fresh worries about inflation and further rate rises.

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