Indian Stock Market News and Analysis

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The market has started off April series and financial year 2016-17 on a negative note, tracking weak Asian cues. The Sensex fell 79.75 points to 25262.11 and the Nifty declined 30.05 points to 7708.35 on profit booking. Bharti Airtel, GAIL, Hindalco, Tata Steel, M&M, Aurobindo Pharma and BPCL were losers in early trade while BHEL, Wipro, Coal India, ITC, Cipla, Asian Paints, HCL Tech and Wipro gained. 

The Sensex and Nifty are likely to open in red in trades today tracking weak trading of Nifty futures on the Singapore Stock Exchange amid subdued global cues.The Singapore Nifty or SGX Nifty was down 0.51 per cent or 40 points at 7,747.