Stock Market Highlights: The domestic stock markets–Sensex and Nifty–made a recovery in the last hour of trade, but still ended the session lower. The Sensex closed 64.20 points down at 35,592.50, while the Nifty ended above the 10,650-mark. RIL share price plunged by more than 1.45% to close at Rs 1,211.75, while L&T shares ended 1.35% lower at Rs 1,238, to emerge among the biggest losers in the Sensex.
Earlier, US stocks tumbled on Monday after warnings from Caterpillar Inc and Nvidia Corp added to concerns about a slowing Chinese economy and tariffs taking a bite out of U.S. corporate profits. Asian shares stumbled on Tuesday and the dollar hovered near two-week lows as prospects for a long-awaited Sino-US trade deal was dealt another blow after the United States levelled sweeping criminal charges against China’s telecom giant Huawei, Reuters reported. We bring to you LIVE updates.