Sensex trembles in grip of rates, oil, politics

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MUMBAI, JUNE 30: Dalal Street extended losses for the second successive session on Monday with the Sensex shaving off another 341 points as high inflation, rising interest rates, record high oil prices and political concerns continued to haunt the markets. The Sensex plunged another 341 points or 2.47 per cent at 13,461.60, thereby taking the total losses for the month to 18 per cent, or 2,954 points — the biggest monthly drop since May 1992.

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