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    <title>Stock markets give up early gains; trade lower dragged down by Axis Bank</title>
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    <description>Equity benchmark indices initially rose on foreign fund inflows and positive global cues but later gave up gains after a major private bank&#039;s stock fell following a marginal year on year profit decline for the March quarter; that decline dragged several lagging financial and industrial counters, even as leading IT and energy stocks supported the market and foreign institutional investors remained net buyers.</description>
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