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Indian benchmark indices snapped their six-day rally, with the Sensex slipping 277.93 points or down 0.33% to close at 84,673.02, and the Nifty declining 103.40 points or 0.40% to end at 25,910.05.

Broader markets mirrored the correction, with the Midcap index falling 0.59% and the Small-cap index dropping 1.05% as the market closed near the day's low.

Gift Nifty, meanwhile, is trading in the range of 25,930, indicating a muted start for the benchmark Nifty.

S&P 500 futures trade 0.09% lower

Euro Stoxx 50 futures trade 0.13% higher

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