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Domestic stock markets started Wednesday's session on a lacklustre note tracking weakness in Asian peers. 
Domestic stock markets started Wednesday's session on a lacklustre note tracking weakness in Asian peers. 
The S&P BSE Sensex lost as much as 87.45 points, or 0.22 per cent, to 38,851.77, while the Nifty moved to 11,638.65, down 33.3 points from the previous close.
 
Selling in financial services stocks dragged the markets lower, however buying in information technology counters kept the downside in check.
 
At 9:24 am, the Sensex traded 18.85 points lower at  38,920.37, while the Nifty was at 11,667.00, down 4.95 points from the previous close. 
 
Top laggards on the 50-scrip index at the time were Hindalco, TCS, Adani Ports, Eicher Motors and Hero MotoCorp, trading between 0.91 per cent and 2.16 per cent lower.
 
Equities in other Asian markets slipped from eight-month highs, after the International Monetary Fund lowered its global growth outlook and as tensions over tariffs between the United States and Europe escalated.
 
MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.3 per cent, a day after it hit its highest since August 1.
 
MSCI's broadest gauge of the world's stock markets was down slightly from Tuesday's six-month peak but it was still up roughly 19 per cent from a near two-year trough marked in December.