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Indian stocks plunge, snap winning streak

Xinhua, March 28, 2016 Adjust font size:

Indian stocks plunged on Monday to snap their four-day winning streak as investor sentiment was dampened by the rising possibility of a U.S. Fed rate hike in April.

The benchmark S&P BSE Sensex closed at 24,966.40, 371.16 points or 1.46 percent down from the previous close of 25,337.56, with a turnover of 479.65 crore rupees (about 71.9 million U.S. dollars). Endit