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                                Markets
                              • best places to gamble in the us,casumo free,melbetindia com, Sensex drops over 150 points in early trade; Nifty below 14,850

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                                                      Equity benchmark Sensex dropped over 150 points in early trade on Friday, tracking losses in index-heavyweights HDFC Bank, ICICI Bank and Reliance Industries amid largely negative cues from global markets.

                                                      The 30-share BSE index was trading 186.94 points or 0.38% lower at 49,559.27.

                                                        Similarly, the broader NSE Nifty slipped 44.10 points or 0.30% to 14,829.70.

                                                        • Bajaj Finance was the top loser in the Sensex pack, shedding around 2%, followed by Asian Paints, ICICI Bank, Kotak Bank, HDFC Bank and Reliance Industries.

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                                                                    • On the other hand, HUL, Sun Pharma, ITC, ONGC, PowerGrid and SBI were among the gainers.

                                                                      In the previous session, Sensex settled 84.45 points or 0.17% higher at 49,746.21, and Nifty advanced 54.75 points or 0.37% to 14,873.80.

                                                                              Foreign institutional investors remained net buyers in the capital market as they purchased shares worth ₹110.85 crore on Thursday, according to provisional exchange data.

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                                                                              “Surging COVID-19 cases have become an area of serious concern. Unless this second wave peaks soon and subsides, economic activity will be impacted and the market assumptions of above 10% GDP growth and above 30% earnings growth will be challenged,” said V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

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                                                                                This big uncertainty will weigh on market sentiments for some time, he added.

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                                                                                Elsewhere in Asia, bourses in Shanghai, Hong Kong and Seoul were trading in the red in mid-session deals, while Tokyo was trading with gains.

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                                                                                    Top stock exchanges on Wall Street ended on a positive note in overnight trade.

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                                                                                          Meanwhile, international oil benchmark Brent crude was trading 0.03% lower at $63.18 per barrel.

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