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Markets decline in early trade amid unabated foreign fund outflows, muted earnings

  • Benchmark indices Sensex and Nifty decline in early trade due to foreign fund outflows and weak earnings.
  • Asian Paints reports a significant decline in net profit.
  • Axis Bank, Adani Ports, Nestle, Reliance Industries, Tata Steel, and IndusInd Bank among the laggards.
  • Foreign Institutional Investors offload equities worth Rs 3,404.04 crore on Friday.

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