Sensex, Nifty marginally higher; Jet, SpiceJet, InterGlobe rally

The market continued to rise in noon trade with the Sensex gaining 98.09 points at 26493.80 and the Nifty climbing 25.10 points to 8133.95. The broader markets too remained higher with the BSE Midcap and Smallcap indices rising 0.7-0.8 percent.

About two shares advanced for every share falling on the Bombay Stock Exchange.

Jet Airways, SpiceJet and InterGlobe Aviation rallied more than 2 percent after the Cabinet has approved new aviation policy. 5/20 rule will be replaced by 0/20 rule, according to CNBC-TV18 reports quoting unnamed sources.
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Posted in: Indian Market Tips