Sensex Dips 118 Points as Markets Lose Early Gains

Markets surrender early gains to trade lower; Sensex quotes 118 points lower. Benchmark equity indices faced volatile trends, climbing initially but later slipping in the red. Sensex surged 126.36 points but ended 118.03 points lower. Gainers include Mahindra & Mahindra, Tata Steel, and HCL Technologies. Asian markets traded higher amidst anticipation of Fed’s decision and Lok Sabha polls. Oil prices rose to $85.65 a barrel.

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