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Sensex hits 6-week low as global worries intensify;

MUMBAI (Reuters) – The BSE Sensex fell to its lowest in nearly six weeks on Wednesday after renewed concerns about the global economy and U.S. debt problems unnerved investors and sent world markets sliding.
The United States stepped back from the brink of default on Tuesday but congressional approval of a last-ditch deficit-cutting plan failed to dispel fears of a credit downgrade and future tax and spending feuds.
The main 30-share BSE index fell 1.2 percent early before paring losses to 0.8 percent at 17,972.77 points by 10:33 a.m. Twenty-eight of its components fell. CLICK HERE


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