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    • The week that was: World markets crash; S&P downgrades US

      The week started off quietly, but ended with a boom. Financial markets worldwide toppled towards the end of the week due to fears of a global recession. But the US took a big hit on Friday, with S&P downgrading its credit rating.

    • Possibilty of de-rating JSW Steel exists: Angel Broking

      The stock of JSW Steel has been beaten down due to the mining scandal that it is embroiled in. Today, it has fallen by 11% and by 20% over the past week. According to Bhavesh Chauhan, metal analyst at Angel Broking, the company may get de-rated due to this.

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