While the Sensex gained 118 points or 0.34% to 35,260, the Nifty rose 0.38% or 40 points to 10,616 level.

The domestic currency hit an intra day high of 71.86 - a fresh two-month high-in the forex market compared to its previous close of 72.31 to the US dollar.

All these carriers have been majorly hit by two cost components - aviation turbine fuel (ATF) costs and currency fluctuations.

Apple appoints Nokia's Ashish Chowdhary to lead India operations; Rupee rises to 72 level against dollar as crude oil price nears $65 per barrel; Binny Bansal quits Flipkart over personal misconduct allegations; Twitter CEO Jack Dorsey meets PM Modi; Govt masterstroke! 14 mega employment zones expected to create 10 million jobs. Watch more in this episode of Business Wrap.

Apple appoints Nokia's Ashish Chowdhary to lead India operationsApple has appointed Nokia's Chief Customer Operations Officer (CCOO) Ashish Chowdhary as operation head for India to oversee the sales function. Chowdhary had joined Nokia in 2003 and will take responsibilities in Apple from January 2019. Apple CEO Tim Cook had recently said how the company has a \"long-term focus on the market\" in India. Chowdhary, replacing the company's current India operations head Michel Coulomb could be a ...

Brent crude, used to price international oils, dropped 30 percent to $65.17 a barrel. Oil has now fallen for 12 straight days, driven by worries over rising oil production around the world and weakening demand from developing countries, with expectations for increased supply from the US and OPEC.

However, most Asian markets ended lower after a rout in tech stocks, tracking a hefty sell-off on Wall Street, while the dollar hit a 16-month peak on safe haven bets amid China-US trade war worries.

The number of Indian visitors travelling to the Gulf Cooperation Council nations over the coming five years will create an extra 10.8 million room nights.

Xiaomi has now raised prices of Redmi 6 and 6A by up to Rs 600.