Indian benchmark indices ended higher on a volatile day. Sensex added 221 points to end at 60616.89, while Nifty 50 gained 52 points to close at 18055.75.
Metal stocks saw correction. Metal Index fell over 2%. On the other hand, IT stocks rallied. HCL Tech gained 4.31% to become the top gainer on the index. JSW Steel and Tata Steel were the top losers on the index with more than 3% fall in each stock.
Along with IT stocks, power, oil & gas and realty stocks have seen buying. Mid-cap and Small-cap indices closed flat.
Telecom stock Vodafone Idea fell around 21%. It will convert AGR dues into equity. Government to own more than 35%.