Share market highlights: The Sensex and Nifty ended lower on Wednesday, tracking mixed global cues. The Sensex closed 203 points down to 37,114.88, while the Nifty ended below the 11,200-mark. Yes Bank share price tumbled more than 8% to end at Rs 143.65, while Tata Motors shares closed 8% down at Rs 169.60 to emerge among the biggest Sensex losers.
Asian stocks struggled near a 3-1/2-month low on Wednesday on lingering concerns over the economic impact of a U.S.-China trade war, although an overnight bounce on Wall Street helped limit the losses. MSCI’s broadest index of Asia-Pacific shares outside Japan edged down 0.05%. The index had fallen to its lowest level since the end of January the previous day as a trade conflict between the United States and China intensified. Beijing on Monday imposed a tariff hike on U.S. goods following Washington’s decision last week to hike its levies on Chinese imports, Reuters reported.