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The Sensex declines 242.65 points, or 0.33 per cent, to 72,529.07
GIFT Nifty points to a weak opening for Sensex and Nifty, with heavy FII selling, elevated global bond yields and subdued Asian markets weighing on the setup. Softer US inflation, reduced expectations of a Fed rate hike and Brent below $100 provide some counterweight.
The shortened trading week ended on Thursday, with the Sensex declining 570.59 points, or 0.79%, to close at 71,909.70, while the Nifty 50 fell 198.50 points, or 0.88%, to settle at 22,421.95