Yes Bank, ONGC, Sun Pharma and Coal India were among the top gainers, whereas Bharti Airtel, Power Grid, Mahindra and Kotak Bank were among the major losers. Here are the latest updates from the markets

BSE Sensex and NSE’s Nifty 50 were volatile on Tuesday amid weak global cues and continued selloff in financial stocks over fears of a liquidity crunch. In global markets, Asian stocks struggled as a fresh round of US-China tariffs and a surge in oil prices to near four-year highs added to worries about risks to global growth. Brent crude prices traded above $80 a barrel as OPEC and its allies signalled less urgency to boost output despite US pressure. Moreover, the US Federal Reserve begins its two-day policy meeting later on Tuesday.

11.27 am IST
Autoline Industries Ltd said that unit Autoline Industrial Parks has signed an agreement Poddar Habitat Pvt Ltd, a unit of Poddar Housing and Development Ltd, to transfer a land parcel in Pune in phases along with trunk infrastructure facilities, on a deferred payment terms. Autoline Industries shares traded 8.92% up at Rs 70.85.

10.58 am IST
ILFS crises deepens, financial services arm defaults on CP
For the third time in a month, crippled infrastructure conglomerate IL&FS Financial Services Monday defaulted on interest payments on commercial papers. The interest payment on the papers were due Monday, the company informed the exchanges. The company said it will not be able to access commercial papers market for up to six months from the date of repayment of this obligation.

source: livemint.com