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HindustanTimes Sun,24 Aug 2014

Sensex rises, Jet Air stock declines

PTI  Mumbai, April 11, 2013
First Published: 09:43 IST(11/4/2013) | Last Updated: 21:50 IST(11/4/2013)

Shares of Naresh Goyal-led Jet Airways fell by nearly 6% intra-day amid concerns that its stake-sale deal with Abu Dhabi-based carrier Etihad may be delayed, even as the broader market scaled one-week highs.

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The stock hit Rs. 472 after opening at R480, before closing Thursday at 485, an overall loss of 3%. At NSE, the stock ended at Rs. 482, down 3.7%.

The Sensex jumped by 128 points to end at a one-week high of 18,542 on the back of 3-4% gains in shares of Infosys, ICICI Bank and Tata Motors ahead of Friday's consumer inflation and IIP (index of industrial production) data.

This was the highest close since 18,802 on April 3. Similarly, the NSE Nifty also improved further by 35 points, or 0.6%, to end at 5,594.


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