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Share Market Highlights: Sensex ends 385 points higher, Nifty above 11,050; Tech Mahindra, Zee Entertainment rally

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Stock Market Highlights: After opening higher–Sensex and Nifty–extended gains in the afternoon trade on Wednesday, buoyed by a rally in bleuchip heavyweights. The Sensex closed 358 points higher at 36,975.23, while the Nifty is ended 1.17% higher at 11,062.45. Tech Mahindra shares closed 8.4% higher at Rs 814.50 on NSE, to emerge among the major Nifty gainers. Zee Entertainment shares closed 6.5% higher at Rs 388.95 on NSE.

Asian shares started cautiously on Wednesday as investors waited to see if US President Donald Trump drops any hints of progress on tariffs in his State of the Union speech. MSCI’s broadest index of Asia-Pacific shares outside Japan was flat with China and several other markets in the region still closed for the Lunar New Year holiday, Reuters reported. We bring to you LIVE updates.