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Market meltdown continues, Sensex drops 558 pts

The stock market continued to bleed for the sixth straight day today under pressure from debt worries in the West, with the benchmark Sensex dropping 558 points in opening trade.

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.