Share Market Update: BSE 30-share S&P Sensex ended 164 points lower at 40,979 and NSE 50-share index Nifty50 closed 66 points lower at 12,031.

The share price of Motherson Sumi Systems fell nearly 10% Tuesday after the company reported a 42%  decline in its consolidated net profit at Rs 360.64 crore for the first quarter ended June 30, 2019.

Eros International Media Q1 results: Consolidated total income dipped by 5.93 per cent to Rs 210.29 crore in Q1FY20 versus Rs 223.57 crore in Q1FY19

Share Market LIVE: On the sectoral front, indices trading in the green are IT, FMCG, Auto, Metal, Infra and Pharma. In declining indices, PSU bank and Media tops the list with 1.40% decline each, followed by Financial services, Energy, Bank and Realty.

Except auto, all other sectoral indices ended in green backed up by gains in bank, IT, energy, telecom and finance.

Expensive stocks refer to those being priced too high in light of the company's total earnings it has a claim on.

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