Share Market HIGHLIGHTS: Sensex gains 100 points, Nifty ends below 11,000 mark, Bharti Airtel, Asian Paints major gainers
Share Market HIGHLIGHTS: The headline indices Sensex and Nifty ended higher on Friday amid US-China escalating trade tensions. While the Sensex ended at a level of 37,118.22, nearly 100 points above from the previous close, Nifty50 settled below 11,000 mark. Bharti Airtel, Asian Paints shares are among the biggest gainers, jumping up to 6% while SBI, Tata Steel and Vedanta are the leading losers. Global stocks are set to take another beating on Friday after the US President Donald Trump said he would slap a 10% tariff on the remaining $300 billion of Chinese imports from next month. U.S. stock futures lost 0.25% in early Asian trade after the S&P 500 lost 0.90% to hit one-month lows. Pan-European Euro Stoxx 50 futures fell 0.87% while Japan’s Nikkei is on course to fall 2.2% based on futures traded in Chicago. Trump’s move breaks a truce in the trade war struck in June and could further disrupt global supply chains, Reuters reported. We bring to you live updates.