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Sensex drops 571 points as US Federal Reserve remains hawkish

IndiaTimes Thursday, 21 September 2023
The US Federal Reserve's hawkish stance on interest rates caused a sharp decline in the Indian stock market. The Sensex dropped by 571 points, losing around 1,600 points in three sessions. The Nifty also fell by 159 points. Rising crude oil prices, a weak rupee, and selling by foreign investors further contributed to the decline.
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