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BSE, NSE flat on profit-booking

The BSE and NSE bucked a strong trend in the global markets and were trading slightly below the red line on Friday as investors cashed in on the gains made on Thursday.

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The benchmark BSE Sensex opened in the red, down from the over two-week high it hit on Thursday.

The 30-share Sensex was trading at 28,759.51, down 13.62 or 0.05% lower from Thusday's close of 28,773.13. 
 
Profit booking in the domestic market pushed the index lower, bucking a strong trend emerging in the Asian markets too. 

The global markets continued the strong run as fears of an interest rate from the US Federal Reserve wanted. 

The broader National Stock Exchange (NSE) Nifty was also trading flat after closing above the 8,800 level on Thursday. 

In early trade on Friday, Nifty was at 8,861.60, down 5.85 points or -0.07% from the previous day's close. 

The top gainers on the BSE were Den Networks 5.43%, Jubilant LifeSciences 3.67%. SRF Ltd up 8.35%, Amtek Auto 6.09%. 

The top losers were Axis Bank 2.96%, Sun TV, 1.52%, JP Associates 1.38%.

Larsen and Toubro (L&T)'s technology arm L&T Technology Services, will debut on the stock markets on Friday. Its IPO closed on September 15.

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