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Benchmark indices recovered more than half of its opening losses, driven by technology, oil stocks and Tata Motors.Oil prices extended declines from the end of last week on the back of a stronger dollar, with Brent crude falling to its lowest in nearly a month.
Other markets dropped as investors were spooked by Friday's US payrolls report which showed wages growing at their fastest pace in more than 8-1/2 years, fueling inflation expectations.
That drove the greenback higher, which puts pressure on oil as the commodity is priced in dollars.
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