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Market Update

Asian Markets End Lower; Sensex Bucks Trend

Asian markets ended 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 closed down 0.6%. The Shanghai Composite fell 1.1% while the Hang Seng ended flat. The Sensex closed up a percent. The All Ordinaries dropped 1.3%.