Reuters Market Eye - Jet Airways Ltd(JET.NS) extends gains for a sixth day, up 1.5 percent, while Kingfisher Airlines Ltd(KING.NS) is up 2.7 percent as Etihad Airways enters in the final stages of talks to buy a stake in either of them.
Buying into Jet is seen as more lucrative for Etihad as the two carriers already have a code-sharing agreement and could target the market share of state-owned Air India and Dubai-based Emirates Airline.
But a stake in Kingfisher would be cheaper, analysts say.
Fed bets boost dollar, EU tax bill bites Apple
LONDON U.S. interest rate rise expectations pushed the dollar up for a seventh time in eight days on Tuesday, while Wall Street dealers braced for a bruising session for Apple after it was hit by a record $14.5 billion European tax bill.
Mitsubishi says overstated mileage for more vehicle models
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Nifty hits 16-month high on positive earnings
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