Share Market India Today HIGHLIGHTS: The Sensex and Nifty closed higher with financials and IT leading the benchmark indices to fresh 6-month closing highs. Nifty Banking index posted the record close in 12 of the last 18 sessions this month. While Sensex surged 412.84 points to finish at 38,545.72, Nifty soared 124.95 points to 11,570.
Earlier today, the US markets plunged after investors were spooked due to the inversion of yield curve, indicating a recession. Notably, the 10-year yield curve hit its lowest level since 2007. Asian markets followed suit, with the Nikkei tanking nearly 2 per cent or 400 points. A Reuters report said that the United States and China had made progress in all areas in trade talks had little obvious impact since sticking points still remained and there was no definite timetable for a deal. We bring to you LIVE updates.