Market ends higher; Nifty above 11,700

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Mumbai: Sensex closed on February 03 at 136.78 points higher at 39,872.31. Similarly, Nifty ended 46.05 points up at 11,707.90.

Bharti Infratel, ITC, Yes Bank, TCS and GAIL were among major losers on the Nifty, while gainers were Asian Paints, HUL, Nestle, Bajaj Auto and Britannia Industries.

Stock markets witnessed a bloodbath during the special trading session on Saturday as traders resorted to short selling after Finance Minister Nirmala Sitharaman presented the Union Budget for 2020-21. At the closing bell, equity indices were down by over 2.55 per cent. The Sensex crashed 987.96 points to 39,735 while the Nifty 50 fell by 318 points to 11,639.

The rupee is trading at 71.476 against the dollar.

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