Stock Market Live Updates: Asia stocks lower; oil steady after Monday decline

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Sensex, Nifty, Share Prices LIVE: Asian equities fell Tuesday following declines in European stocks and bonds as European Central Bank officials tamped down rapid rate cut expectations. Australian and Japanese shares slipped, while contracts for US equities edged lower after a Monday holiday. Treasuries declined in their first trading session since Friday as Australian and New Zealand sovereign bonds also joined the selloff. oil prices were steady after a Monday retreat, even as tensions in the Red Sea endured. Houthi militants hit a US-owned commercial vessel with a ballistic missile on Monday, underscoring the risks facing one of the world’s most important trade routes. West Texas Intermediate traded just below $73 a barrel, while Brent crude was above $78. Benchmark Sensex closed above the 73,000 level for the first time while broader Nifty scaled the 22,000-point peak on Monday as key stock indices stayed on the record-breaking run powered by a rally in IT shares, Reliance and HDFC Bank.