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The Intraday market has opened on a flat note as the Sensex is up 0.16 points at 22688.23, and the Nifty is down 4.20 points at 6778.55. About 307 shares have advanced, 137 shares declined, and 37 shares are unchanged.

• GAIL, Axis Bank, Dr Reddy's Labs, ITC and Sesa Sterlite are among the gainers in the Sensex. The early losers include M&M, Tata Power, Coal India, NTPC and ONGC. The rupee opened flat at 60.62 per dollar versus 60.61 Friday.

• Crude shrugged off threats and demands between western powers and Russia over the crisis in Ukraine. And precious metal gold climbed to its highest level in one and a half weeks on Monday as weaker equities and escalating geopolitical tensions in Ukraine boosted the metal's safe-haven appeal.

• Indian Intraday markets succumbed to profit taking in the second half on the last trading session of the week. Weakness in Asian and European stocks also hit sentiment on the domestic bourses adversely. Mid and small-cap indices up by 0.1% each. Sensex fell by 188 pts to 22688 and Nifty down by 58 pts to 6782. European markets traded down.

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