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Market Update

Asian Markets Start Week Lower; Sensex Bucks Trend

Asian markets started lower Monday barring the Sensex which extended gains after last week's much anticipated victory for the Bharatiya Janata Party which is now set to form the new Indian government.

The Nikkei was down 0.5%. The Shanghai Composite fell 1.1% while the Hang Seng was down 0.5%. The Sensex was up just 0.1%, off its early highs. The All Ordinaries dropped 1%.