Investors booked profits in Indian stocks Tuesday as the downtrend resumed Tuesday following Monday's break from the selling streak. Traders said money managers were dumping stocks in the oil and gas sectors on concerns the Indian government won't compensate energy companies for selling fuel below cost."Markets are likely to witness some downside as inflation and rising crude prices are major concerns. The depreciating rupee too is adding fuel to the fire," said Anita Gandhi, head of institutional business at Arihant Capital Services. The Bombay Stock Exchange's Sensex Index slipped 108 points, or 0.6%, to 16,752. India was the unfortunate victim of a terrorist attack Tuesday. At least 60 people were killed and 200 injured after seven bomb blasts ripped through the city of Jaipur. Early reports said the bombs had been placed on bicycles and set to go off within minutes of each other. "The blasts were carried out by terrorists with foreign links," said Junior Home Minister Sriprakash Jaiswal.
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