Yes Bank, ONGC, Tata Motors, Sun Pharma and UPL are top gainers on key indices, whereas M&M, HDFC, NTPC, Bharti Airtel and HDFC Bank lead losses. Here are the latest updates from the markets

Indian benchmark indices BSE Sensex and NSE’s Nifty 50 traded little changed on Tuesday as global markets struggled after confusing signals over US-China trade talks. Stock markets dropped in Japan, Korea and Australia and fluctuated in China. Media appearances Monday with Trump administration officials shed little light on the specifics of how Sino-American trade negotiations will progress, reported Bloomberg. Oil prices extended strong gains from the previous day amid expected OPEC-led supply cuts and a mandated reduction in Canadian output. Traders are cautious ahead of RBI’s monetary policy decision on Wednesday. Analysts believe the RBI decision may be a non-event on the key rate front, but the focus will be on RBI’s communication and stance.

Market update: Sensex, Nifty trade lower
The BSE Sensex traded 143.66 points, or 0.40%, down at 36,097.34, and the Nifty 50 fell 34.05 points, or 0.31%, to 10,849.70. The BSE mid- and small-cap indices rose 0.09% and 0.17%, respectively. Among the sectoral indices on BSE, healthcare, oil and gas, basic materials and industrials rose, while realty, FMCG, power and telecom declined.

Sun Pharma shares up over 2% after bank denies reports of Sebi probe
Shares of Sun Pharmaceuticals Industries Ltd rose as much as 2.06% to Rs 464.70 per share after the company highlighted that there was no wrong doing and gave clarity on the recent queries raised on the company. The company’s founder Dilip Shanghvi said that the points raised in the sales note pertained to information which was sourced from public domain.

9.17 am IST
Yes Bank shares rise 2% on new appointment
Yes Bank gained as much as 2.5% to Rs 182.50 per share. Yes Bank on Monday appointed former IRDAI chief T.S. Vijayan as an independent director for five years.

9.08 am IST
Rupee trades flat against US dollar
The Indian rupee was trading little changed against US dollar ahead of a key bi-monthly RBI policy meeting. At 9.08am, the rupee was trading at 70.44 a dollar, up 0.02% from its Monday’s close of 70.46. The currency opened at 70.51 a dollar. The 10-year government bond yield stood at 7.615% from its previous close of 7.626%. So far this year, the rupee has declined 9.33%, while foreign investors have sold $4.89 billion and $7.57 billion in the equity and debt markets, respectively.

source: livemint.com