India's stock benchmarks advanced for the fourth consecutive session on Wednesday aided by banking, metal and oil and gas stocks.
The S&P BSE Sensex rose over 0.6% to 60,223.15. This is the first time the 30-stock gauge close above 60,000 in over six weeks. The NSE Nifty 50 advanced by similar magnitude to 17,925.25.
Jet Airways on Wednesday said its VP-operations, Sudhir Gaur, who was designated as the airline's 'accountable manager', has quit the company. The grounded airline, which is expected to resume operations this year under its new promoters Murari Lal Jalan-Kalrock consortium, in a regulatory filing clarified that Gaur was not the interim CEO of the company. It also said the