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Sensex falls after Fed Reserve Announcement on Bond Purchase

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Sensex started falling after US Fed announced its plans to scale back its bond purchases. The central bank of US has also extended signals that the bond purchases will come down in the coming months on account of picked up economic activity in the country.

RBI, however, has said that Indian markets would not be affected by the cutting down of monetary stimulus of US. It would also be taking all possible steps to ensure financial stability in the county.

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