Favourable domestic cues along with higher global markets helped Indian stock market benchmarks Sensex and Nifty extend gains today after Monday's 2% rally. The Reserve Bank of India on Monday approved a record ₹1.76 lakh crore payout to the government, boosting the Centre's coffers at a time when it is under pressure to provide a stimulus to the economy. The rupee and bond markets also cheered the higher RBI payout.

The Nifty50 fell below its 200-day moving average placed around 10,700 which also increased selling pressure in the market

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A Chinese internet sensation who became one of the country’s youngest billionaires is selling her three-story penthouse in Sydney for A$18 million (US$13.565 million).

Zetian Zhang, 24, found sudden celebrity status as the “Milk Tea Sister” after an image of her in high school holding a tea drink went viral. She went on to marry one of China’s richest men, Qiangdong “Richard” Liu, the founder of Chinese e-commerce behemoth, JD.com. Forbes estimates Mr. Liu is worth US$10.1 billion.

BSE Sensex trades marginally lower, while the Nifty 50 trades above 10,300. Here are the latest updates from the markets

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