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Share market HIGHLIGHTS: Sensex, Nifty end higher; IndusInd, Hero MotoCorp major gainers

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Indian headline indices - Sensex and Nifty ended higher tracking positive Asian markets. The SGX Nifty futures today ended at 11,542.50 level, up 48 points from the last close. While the Sensex ended at a level of 38,823.11, up 266 points from the last close, the Nifty50 settled at 11,852 level, up 84 points from the previous close. The US Fed Reserve Chairman Powell indicated towards a rate cut soon in view of global slowdown and trade tensions with China and other countries. Today, on BSE, the leading gainers are IndusInd, Hero MotoCorp and Tata Motors, whereas the losers are Tech Mahindra, ICICI Bank and Yes Bank. The shares of InterGlobe Aviation, operator of Indigo ended lower on Thursday after promoter feud over corporate governance became public. Yesterday, the airline clarified that the related party transactions it entered with group entities are public and only a fraction of the total revenues of the airline’s holding company. Shares of Pune-based Bharat Forge today rose after the company received new orders worth $100 million. Its shares today ended at Rs 1,352.95 per share, 3.21 per cent higher than the last close.