Stock markets trim most of sharp early losses amid buying in SBI, Reliance Industries

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MUMBAI: Benchmark equity indices Sensex and Nifty recovered most of their early losses on Monday as buying in State Bank of India and Reliance Industries, and fresh foreign fund inflows countered the decline in Axis Bank and HDFC Bank. The 30-share BSE Sensex dropped 470.50 points to 74,318 in early…