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Tata Steel, Hindalco, ITC, ONGC and M&M are top gainers while Bharti, BHEL, Lupin, SBI and Hero Moto are laggards in the Sensex.
The market has fallen in early trade as Bank Nifty also slipped into red. The Sensex is down 64.44 points or 0.2 percent at 25815.94, and the Nifty is down 22.85 points or 0.3 percent at 7889.20. About 334 shares have advanced, 267 shares declined, and 50 shares are unchanged. Tata Steel, Hindalco, ITC, ONGC and M&M are top gainers while Bharti, BHEL, Lupin, SBI and Hero Moto are laggards in the Sensex.
The Indian rupee opened lower by 11 paise at 66.50 per dollar against previous close of 66.39.The euro held steady against the dollar after slipping yesterday as traders looked past a European Central Bank meeting and weighed the potential for a more hawkish Federal Reserve next week. Pramit Brahmbhatt of Veracity said, "Weak dollar index will help rupee to appreciate. 66.20/dollar will continue to act as strong resistance. Trading range for the day will be 66-66.50/dollar." Asia markets opened lower on the final trading day of the week, following losses in US stocks overnight as telecoms led declines amid the latest batch of earnings.Analysts reckoned there might be some profit-taking at play in the markets today
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