Share market highlights: The headline indices Sensex and Nifty closed higher on Monday, on the back of a rally in IT and financial heavyweights. The Sensex closed 160 points higher at 38,896.71 while the Nifty is closed near the 11,600-mark. Infosys share price closed 7.2% higher at Rs 779.45 on BSE after the firm reported strong Q1 results in the April-June quarter. Sun Pharma shares ended 3.6% higher at Rs 422.40. IndusInd Bank, L&T were among the top losers shedding more than 1.5% each. Asian shares started the week on a softer note on Monday after posting their first weekly decline since early June, while the dollar was on the defensive ahead of key economic data from China. MSCI’s broadest index of Asia-Pacific shares outside Japan was a shade lower at 524.9 points. It fell a little more than 1% last week, snapping five straight weeks of gains, Reuters reported.