Share Market highlights: The headline indices Sensex and Nifty extended losses in the late afternoon trade on Wednesday. The Sensex closed 504 points down at 38,594 while the Nifty closed below the 11,450-mark. SBI, Tata Motors, Yes Bank shares were among the biggest losers, shedding up to 8%. Powergrid, TCS shares were the biggest gainers, jumping up to 4%. Asian stocks fell on Wednesday after the U.S. lawmakers called for an impeachment inquiry into President Donald Trump, increasing the prospects of prolonged political uncertainty in the world’s largest economy. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.2%, Japan’s Nikkei fell 0.55%, while Australian shares fell 0.66%, Reuters reported. We bring to you live updates.