Stock market highlights: The Sensex and Nifty extended losses for the third straight session even as mounting trade tensions between US and China continued to weigh. The Sensex ended 488 points down at 37,789, while the Nifty closed below the 11,400-mark. Reliance Industries shares ended 3.4% down at Rs 1,299.45, while Bajaj Finance shares closed 3.2% lower at Rs 2,921.90.
Asian equities tracked Wall Street’s slide on Wednesday as the latest developments in the US-China trade conflict fanned fresh fears about global growth, driving support for safe-haven government bonds. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.3 percent, stooping to its lowest level since late March, Reuters reported. Wall Street stocks slid on Tuesday, with the S&P 500 losing 1.65 percent and the Dow shedding 1.8 percent on the U.S.-China trade concerns, the report added. We bring to you Live updates.