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Sensex, Nifty Little Changed In Cautious Trade

Indian shares were little changed in early trade on Monday, with banks pacing the decliners as growth concerns overshadowed investor optimism about the prospects for an initial trade deal between the U.S. and China.

The benchmark S&P BSE Sensex was up 3 points at 40,448 while the broader NSE Nifty index was down 5 points at 11,916.

Maruti Suzuki India shares rallied 2 percent after the automaker managed to record growth in production numbers in November.

Vedanta, Hindalco, Yes Bank and Zee Entertainment Enterprises rose around 2 percent while Tech Mahindra, HCL Technologies, Infratel, Bajaj Finance and Hindustan Unilever dropped around 1 percent.

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