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Stock Market: Sensex down 500 pts, Nifty near 17,500; metals, auto slump

All eyes are now on the US inflation data for March, which is expected at more than 8%

Stock Market: Sensex down 500 pts, Nifty near 17,500; metals, auto slump
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All eyes are now on the US inflation data for March, which is expected at more than 8%.

There are fears that price pressures will remain elevated, with the Ukraine war disrupting flows of essential commodities, and China's lockdowns are straining supply chains.

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