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The Times of India
The Times of India
Business
PTI

Sensex sinks 861 points as hawkish Fed roils global markets

MUMBAI: Equity markets buckled under selling pressure on Monday as an intense sell-off emerged in IT, teck and banking stocks amid a bearish trend overseas following hawkish comments from the US Federal Reserve.

A depreciating rupee and spurt in the global crude oil prices also dampened market sentiment, analysts said.

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