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Markets trade lower in early trade dragged down by IT stocks

Benchmark equity indices Sensex and Nifty declined in early trade on Thursday dragged down by IT stocks after Wipro warned of a weak quarter ahead amid global uncertainties. The 30-share BSE benchmark Sensex declined 362 points to 76,682.29 in early trade. The NSE Nifty went down by 129.75 points to 23,307.45.