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For Merkel, it could take three to tango

At first glance, Germany's federal election looks like a done deal -- all major polls predict Chancellor Angela Merkel's conservatives to come in first, a result that should mean no political upheaval in Europe's biggest economy.

Sensex, Nifty fall 1 percent; banks top drag

Indian shares fell 1 percent on Friday, while the rupee hit its weakest point since early April amid concerns that the government's plan for a stimulus to halt an economic slowdown may have a negative impact on the fiscal deficit.