Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic stock markets started Tuesday’s trade with losses amid weak global cues. S&P BSE Sensex fell more than 300 points or 0.53% to give up 53,000 mark while NSE Nifty 50 index was below 15,800, shedding 0.56%. Bank Nifty was down 0.6% while India VIX was up 3%, still above 21 levels. Broader markets mirrored the weakness of benchmark indices. Mahindra & Mahindra was the top gaining Sensex stock, up nearly 1%, followed by Dr Reddy’s and Reliance Industries. Asian paints was down 3.1%, accompanied by Titan and Bajaj Auto.

The 47th Goods and Services Tax (GST) Council meeting will begin today. The council is expected to consider rate hikes for a slew of items and steps to check evasion like biometric authentication of ‘high-risk taxpayers’. The GST Council will also consider a report of the panel of state ministers headed by Kerala finance minister KN Balagopal on making e-way bill mandatory for intra-state movement of gold above a threshold of Rs 2 lakh. However, the termination of the revenue compensation for states is likely to be a hot topic of discussion between states and the centre.

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic stock markets started Tuesday’s trade with losses amid weak global cues. S&P BSE Sensex fell more than 300 points or 0.53% to give up 53,000 mark while NSE Nifty 50 index was below 15,800, shedding 0.56%. Bank Nifty was down 0.6% while India VIX was up 3%, still above 21 levels. Broader markets mirrored the weakness of benchmark indices. Mahindra & Mahindra was the top gaining Sensex stock, up nearly 1%, followed by Dr Reddy’s and Reliance Industries. Asian paints was down 3.1%, accompanied by Titan and Bajaj Auto.

The 47th Goods and Services Tax (GST) Council meeting will begin today. The council is expected to consider rate hikes for a slew of items and steps to check evasion like biometric authentication of ‘high-risk taxpayers’. The GST Council will also consider a report of the panel of state ministers headed by Kerala finance minister KN Balagopal on making e-way bill mandatory for intra-state movement of gold above a threshold of Rs 2 lakh. However, the termination of the revenue compensation for states is likely to be a hot topic of discussion between states and the centre.

Volumes on the NSE continue to be on the lower side suggesting lack of conviction on the part of traders to take a big bet. Nifty in the current uptrend has entered the 15886-16172 downgap area, but has so far hesitated to build on gains. 15927-15638 could be the range for the Nifty in the near term.

Domestic equity market benchmarks BSE Sensex and NSE Nifty 50 were staring at a negative opening on Tuesday, as suggested by trends on SGX Nifty in early trade. Nifty futures were ruling 60.50 points or 0.4 per cent down at 15,773.50 on Singaporean Exchange. In the previous session, equity markets rallied for a third straight day