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Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic stock markets continued their upward march on Tuesday. S&P BSE Sensex is currently placed at 59,855, gaining 672 points or 1.14% while the NSE Nifty 50 index is at 17,805. Ahead of Wednesday’s trade SGX Nifty was down in red, hinting at a gap-down start to the day’s trade. Cues from global peers were mixed during the early hours of the day after Wall Street equity indices ended mixed. Dow Jones closed with gains while NASDAQ was in the red and S&P 500 ended flat. Among Asian stock markets, TOPIX and Nikkei 225 were up in green while other major indices were in the red.
Kishore Biyani’s Future Group companies faces a major setback on Tuesday as the Delhi High Court dismissed their plea seeking to quash the ongoing arbitration proceedings in Singapore with Amazon. The case relates to the Rs 24,500-crore merger deal with Mukesh Ambai’s Reliance Retail. In its order the Delhi High Court said that that it’s not for the court to interfere with the scheduling of the arbitration proceedings as sought by Future Group. Amazon and Future Group have been fighting a battle in the legal corridors for more than a year now after the latter moved to sell its retail assets to Reliance Retail.
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