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Sensex sinks again; rupee at record low

October 23, 2008

Europe jolted

European shares too fell sharply following deepening global gloom and the IMF's shocking prediction of growth being close to zero for most advanced economies.

Image: German stock trader Simone Wallmeyer looks at her screens at the stock exchange in Frankfurt/Main as the DAX index of 30 leading German shares fell by over 5%. | Photograph: Martin Oeser/AFP/Getty Images

Also read: US economy: What Obama, McCain promise

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