Stock Market Highlights: The headline indices- Sensex and Nifty extended losses in the afternoon trade on Monday, tracking mixed global cues. The Sensex closed 311 points down to 35,498.44, while the Nifty ended 95 points down at 10,630.15. Yes Bank shares closed 2.24% lower at Rs 213.80 on BSE, after the Reserve Bank of India warned of regulatory action for disclosure of nil divergence report in violation of the confidentiality clause. TCS shares closed 3% lower at Rs 1,969.50, emerging among the biggest Sensex losers.
Asian share markets bounced broadly on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1 percent, recovering from a sharp fall last Friday. Japan’s Nikkei climbed 1.8 percent to its highest level of the year so far, while Australia’s main index rose 0.7 percent, Reuters reported. We bring to you live updates.