Indian shares pared morning gains to end marginally higher mainly supported by banks and Reliance Industries, which gained after taking a majority stake in licensed e-pharma portal Netmeds. However, gains were capped by FMCG, IT and pharma sectors which turned negative in the last hour of trade.The Sensex ended 86 points higher at 38,615 while the Nifty rose 23 points to settle at 11,408. Zee, GAIL, Tech Mahindra, Bharti Airtel and Maruti were the top gainers while Bajaj Auto, Nestle, ONGC Coal India, and Kotak Bank were the top losers on the Nifty50 index.

Indian shares pared morning gains to end marginally higher mainly supported by banks and Reliance Industries, which gained after taking a majority stake in licensed e-pharma portal Netmeds. However, gains were capped by FMCG, IT and pharma sectors which turned negative in the last hour of trade.The Sensex ended 86 points higher at 38,615 while the Nifty rose 23 points to settle at 11,408. Zee, GAIL, Tech Mahindra, Bharti Airtel and Maruti were the top gainers while Bajaj Auto, Nestle, ONGC Coal India, and Kotak Bank were the top losers on the Nifty50 index.