Share Market Today highlights: After opening marginally higher, the headline indices Sensex and Nifty pared gains and extended losses in the afternoon trade on Monday, tracking cues. The 30-share Sensex closed 196 points down at 37,686.37, while the Nifty ended below the 11,200-mark. Shares of India’s largest automaker Maruti Suzuki slumped 4.5% to Rs 5,40.95 after the firm reported Q1 results on Friday. TataMotors, Bajaj Auto VEDL shares were among the biggest losers, shedding more than 5% each. ICICI Bank, HCL Tech shares were among the biggest gainers, jumping more than 1.2% each. Asian shares got off to a cautious start on Monday as markets count down to a likely cut in US interest rates this week with much riding on whether or not the Federal Reserve signals yet more are in the pipeline. US and Chinese trade negotiators also meet in Shanghai this week for their first in-person talks since a G20 truce last month, but expectations are low for a breakthrough.