Share market highlights: Sensex and Nifty surged to fresh record highs on Tuesday on the back of robust monsoon outlook, earnings forecast, and positive trade data. After hitting a fresh all-time high of 39,364, the Sensex closed about 370 points higher to hit a new closing high of 39,276. The Nifty surged to a fresh record high of 11,810.95, and ended at its highest ever close of 11,787.15. IndusInd Bank, ICICI Bank shares emerged as top gainers, jumping nearly 4% each on Tuesday afternoon.
Asian stocks hovered below a nine-month peak on Tuesday after disappointing bank earnings dented Wall Street, though recent signs the global economy is likely to avoid a sharper downturn helped limit the losses. MSCI’s broadest index of Asia-Pacific shares outside Japan stood little changed. We bring to you live updates.