Share Market News Today | Sensex, Nifty, Share Prices LIVE: The headline indices Sensex and Nifty extended gains Tuesday afternoon even as the buzz around equity tax rationalisation lifted sentiments. The Sensex zoomed to a 4-month high, closing 582 points higher to 39,831 while the Nifty hit the 11,800-mark for the 1st time since July 5. The Nifty closed 160 points higher at 11,787. The Prime Minister’s Office is reviewing the tax structure on equity, in order to simplify the regime and make investments in Indian markets more attractive, TV news channel CNBC Awaaz reported citing three sources. The Department of Economic Affairs and the revenue department have had meetings with the PMO, the report said. The PMO is also said to be reviewing current rates of Long-term Capital Gains (LTCG) and Securities Transaction Tax (STT). The government is also considering to abolish Dividend Distribution Tax (DDT), which is by a domestic company at 15 per cent of the aggregate dividend declared, distributed or paid, according to the report. Bharti Airtel share price lost more than 3% after the firm has deferred its Q2 results to November 14th. Tata Motors share price extended gains after soaring on Sunday after global brokerage firm CLSA changed the rating to buy following a gap of 3 years. Tata Motors share price soared more than 17% to hit the day’s high at Rs 175.45 on BSE. Tata Motors shares surged 17 per cent in the Muhurat trading session held on Diwali. CLSA sees a 50 per cent upside. Notably, the shares are up about 34% from Friday’s close. We bring to you LIVE updates.