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Sensex closed at 17560.87 down 39.69 pts at 17560.87, and Nifty closed at flat 5322.95
down 15.05 pts. The Index of Industrial production (IIP) for the month of June has come
in at a dismal -1.8%, exacerbating concerns about economic growth. The impact of the
number was felt on the stock market, which gave up morning gains..