Sensex falls by 42 points, Nifty by 16 in afternoon trade

The Sensex at the Bombay Stock Exchange was 42 points down at 35,580 a short while ago. 

The 30-share index rose 76 points in the opening trade. 

The Nifty at the National Stock Exchange was 16 points in red at 10,801 when reports last came in.

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