January 3, 2017 / 6:54 AM / 9 months ago

Sensex rises; banks gain, Bharti Airtel falls

A man walks out of the Bombay Stock Exchange (BSE) building in Mumbai, India June 20, 2016. REUTERS/Danish Siddiqui/Files

REUTERS - Indian shares ended higher as lenders such as State Bank of India (SBI.NS) recovered from the previous session’s losses, but mobile operators fell after Bharti Airtel (BRTI.NS) unveiled a plan with free 4G data, sparking competition fears.

The broader NSE Nifty ended up 0.16 percent at 8,192.25, while the benchmark BSE Sensex closed up 0.18 percent at 26,643.24.

State Bank of India gained 0.53 percent while Bharti Airtel declined 2.1 percent.

Reporting by Samantha Kareen Nair in Bengaluru; Editing by Sherry Jacob-Phillips

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