Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic benchmark indices closed in the red today after a volatile opening session. Sensex slipped 194 points while the Nifty 50 closed below the 11,500 mark. Asian Paints and HCL Tech were the top gainers on Sensex today, gaining over 3% each. On the other end, were bank stocks that fared the worst on Monday with ICICI Bank falling over 6%, followed by HDFC Bank, Axis Bank, and IndusInd Bank. Six of the worst hit stocks were from the banking and finance space. Volatility surged to has high as 25.7, or 4% higher.
India and the United States are inching closer to a trade deal that could iron out how 15% or $13 billion worth of annual trade between the two countries will shape up. This deal would also include a complete restoration of duty benefits for New Delhi under the Generalised System of Preferences (GSP). As part of the deal, India could reduce tariffs on high-end bikes like Harley Davidson, pledge greater market access in farm products, including cherry, and sweeten its initial offer on easing price caps in medical equipment. Commerce Minister Piyush Goyal last week had said that India and the United States were inching closer to a deal.