Sensex ends 376 points higher, Nifty ends higher despite volatility

The domestic stock market benchmark indices witnessed a volatile trade today due to escalating tensions between India and China.

At close, the Sensex ended 376.42 points or 1.13 per cent at 33,605.22, and the Nifty ended 100.30 points or 1.02 per cent at 9,914. Broader markets ended the session on a mixed note as Nifty Midcap100 index closed 0.44 per cent higher while Nifty Smallcap100 index slipped 0.11 per cent.

Nifty Bank moves 384 points higher at 20,297 and Midcap 62 points to 14,231. Financial heavyweights like HDFC twins and ICICI Bank help Nifty close higher.IT stocks gain with rupee weakening to 76.21 against US dollar; TCS and Infosys up 1-2%. Tata Motors slips 6% after reporting a weak Q4.

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The HDFC twins (both up 4%) were the top Sensex gainers while Axis Bank and Tech Mahindra (both down 2%) were the main laggards. In the Sensex pack, 15 stocks advanced while as many declined.

(With inputs from agencies)