The market has opened lower as the Sensex is down 23.09 points at 25557.25. The Nifty is down 10.15 points or at 7777.25. About 825 shares have advanced, 300 shares declined, and 470 shares are unchanged.
Bharti Airtel, Dr Reddy's Labs, Sun Pharma, Coal India and BHEL are top gainers while Lupin, Infosys, ONGC, Tata Steel and GAIL are major losers in the Sensex.
China's markets, closely watched after a wild ride so far this week, rallied after services sector data showed expansion, but other Asian markets remained under pressure. Activity in China's services sector saw a modest expansion, though slowest in 17 months, in December, according to the Caixin non-manufacturing Purchasing Managers' Index (PMI), a measure of factory activity.
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