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Indian markets closed lower on Friday, but IT, FMCG and banking shares helped limit losses amid global equity weakness.

Indian stock markets ended lower on Monday as weak global cues, rising crude prices and sectoral selling weighed on the Sensex and Nifty.

Sensex ended 287 points higher and Nifty settled at 24,335 as healthcare, pharma and PSU bank stocks supported gains.

Indian stock markets ended lower after late-session selling pressure intensified due to rising crude oil prices and the rupee hitting a record low.