Stock Market Highlights: The domestic stock markets –Sensex and Nifty–extended losses in the afternoon trade on Friday, tracking weak global cues. The Sensex closed 425 points down to 36,546.48, while the Nifty ended below the 11,000-mark. Tata Motors closed 18% lower at Rs 150.10 on BSE, after the firm reported record Q3 loss in the latest quarter.
Earlier, US stocks sank over 1% to session lows on Thursday on fears that the United States and China would not be able to reach a trade deal with less than a month left in their fragile truce, adding to worries about a slowdown in global growth. A meeting between US President Donald Trump and Chinese President Xi Jinping was unlikely to take place by March 2, the deadline set by the two countries for reaching a trade deal, two US administration officials and a source said, Reuters reported. We bring to you LIVE updates.