The local sharemarket pulled back from record highs on Monday, with sharp falls in staples and discretionary stocks propelling the market into the red.

IST, the barometer index, the S&P BSE Sensex, rose 135.57 points or 0.16% to 84,683.92. The Nifty 50 index rose 73.30 points or 0.28% to 25,864.25.

Asian stocks are mostly higher, supported by key rate decisions last week from the U.S. Federal Reserve, Japan, and China.

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The S&P Composite 1500 Homebuilding Index, which includes 16 stocks, including homebuilders Lennar, D.R. Horton, KB Home and ...

Global shares are trading mixed as investors await an expected interest rate cut by the U.S. Federal Reserve, the first in ...

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