Share Market LIVE: Sensex trades in red, Nifty holds above 18050; M&M, Tata Steel top gainers

Asian peers were seen trading in green, following overnight gains on Wall Street that took the major indexes to record closing highs. Image: Reuters

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were staring at a cautious start on Tuesday. In the previous session, headline indices staged a sharp recovery led by advances in technology, automobile and financial stocks. The 30-share index ended at 60,586, rising 518 points or 0.86 per cent. While NSE’s Nifty jumped over 150 points or 0.85 per cent to end at 18,068.55. Asian peers were seen trading in green, following overnight gains on Wall Street that took the major indexes to record closing highs. Japan’s broader Nikkei 225 gained 0.13% while the Topix index traded in the red. Hong Kong’s Hang Seng index traded 0.63% higher. South Korea’s Kospi shed 0.2%. In Australia, the S&P/ASX 200 fell 0.17%. In overnight trade on Wall Street, the Dow Jones Industrial Average rose 104.27 points, or 0.29%, to 36,432.22, the S&P 500 gained 4.17 points, or 0.09%, to 4,701.7 and the Nasdaq Composite added 10.77 points, or 0.07%, to 15,982.36.

India’s largest initial public offering of the shares of One97 Communications, the parent company of Paytm, was subscribed 18% on the first day, having received bids for 88.23 lakh equity shares against 4.83 crore shares offered, data from exchanges showed on Monday.

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