The Indian markets fell heavily this week as rate hike fears in China and Irish debt woes along with poor IIP data spooked investor sentiment

Markets crack this week under global pressure

The Indian markets fell heavily this week as rate hike fears in China and Irish debt woes along with poor IIP data spooked investor sentiment

Major news for the week: IIP at 4.4%, lowest in 15 months  State Bank of India Q2 consolidated net profit falls 22.52%  Bharti Airtel Q2 consolidated bottomline dips 26% yoy  Tata Motors Q2 consolidated net profit up 100-fold Food inflation eases to 12.3%

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