Markets end slightly higher; Heavy fall in JetAirways

Indian share market benchmarks registered volatile move on Tuesday’s session, however, index closed marginally higher with Nifty keeping at below the key level 11,700.

The Sensex closed 85.55 points higher at 39,046.34, while the Nifty50 index up 19.35 points to end at 11,691.50.

Vedanta, BharatPetroleum, CoalIndia, ICICI Bank and PowerGrid were among the top gainers on the Nifty50, while IndiaBull-Housing, Hindalco, Asian Paints and SunPharma led the losses.

The Nifty Pharma index was the worst performing sector, down 0.73% followed by Nifty Auto down 0.47%, FMCG down 0.41% and media down 0.12% for the day. 

The Nifty Bank, Financial service, IT, metal, PSU Bank, Pvt bank and Nifty realty have conversely ended marginally higher.

Nifty IT index closed 0.58% higher with Infosys registering a strong move, closing 1.47% higher.

Among major stocks, shares of Jet Airways closed with heavy loss, down 40.79%, Reliance Capital down 12.11%, Reliance Infrastructure by 20.41% and DHFL closed down 15.48%

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