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Business EconomyPosted at: Jul 2 2015 6:46PM


Sensex takes breather down 75 points

New Delhi, Jul 2 (UNI) After a rally, the stock market took a breather today with the benchmark Sensex declining by over 75 points to close at 27,945.80 as IT shares came under selling pressure on global worries surrounding Greek debt crisis. The broad based Nifty closed the day at 8,444.90 ,lower by 8.15 points. Shares of companies engaged in irrigation business surged on the back of government announcement to spend Rs 50,000 crore in the sector to help the farm sector. These Stocks included Jain Irrigation Systems, Shakti Pumps, , Finolex Industries, Monsanto India, Kaveri Seed and Advanta. Meanwhile the Chinese Stock market is witnessing tumultuous times on fears that its economy which had been growing at scorching pace is running out of steam. UNI RN PC AS1846
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