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Wednesday August 20th 2014

World Market Crashes that will reflect on Indian Market too

Dow Jones Industrial Average crashed by 280 points, or 2.1%, at 13,041.8 on a report showing diminished consumer confidence and after minutes from an Aug. 7 Federal Reserve meeting diminished hopes that the central bank will reduce interest rates.This has reflected on Asian markets also Nikkei 225 index down by 2.5 percent or 400 points.

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