The government allowed airlines to operate with 60 percent capacity in the domestic segment.

Stock Market Highlights: Indian shares ended lower on Thursday dragged by financial stocks and index heavyweights RIL and Bharti Airtel. However, gains in IT and FMCG stocks capped the losses. The Sensex ended 95 points lower at 38,990 while Nifty lost 7 points to end at 11,527.

The sharp market rally post March'20 triggered majority stocks from their low levels to hit their 52-week highs. Yes Securities has listed out 5 stocks with high possibility of market reward given their attractive valuations and strong fundamentals.

The markets have continued their upwards trend in August after a 7 percent rise in July. Despite the recovery, Kotak Securities cautions that investors need to remain ultra-cautious on markets from hereon. It will be ideal to have a bottoms-up approach on individual stocks based on their merit, it said, adding that in value stocks, one needs to differentiate between value trap and growth-oriented companies. It advises investors to go for individual stock picking. Here are its top picks for September: