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    <title>Markets open lower on global selloff; Bihar election outcome in focus</title>
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    <description>Equity markets opened lower as a global selloff and Bihar election uncertainty depressed sentiment; foreign institutional outflows and hawkish Federal Reserve remarks were key downward drivers. Commentators indicated election reaction would be temporary, with medium to long term trends to be driven by fundamentals such as earnings growth and GDP prospects. Domestic institutional investors maintained net buying while foreign investors remained net sellers, and indices later recorded marginal gains.</description>
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