In another volatile session, the Indian equity indices ended higher, extending their gains for the fourth consecutive session, with the Nifty closing above 23,100, supported by buying in IT, media, metal, and realty sectors.

At close, the Sensex was up 509.73 points or 0.69 percent at 74,616.58, and the Nifty was up 155.40 points or 0.68 percent at 23,123.65.

Broader markets underperformed the main indices with Nifty midcap index rising 0.2 percent, while smallcap index ending flat.


Biggest Nifty gainers were Wipro, Hindalco Industries, HCL Technologies, TCS, Infosys, while losers included Dr Reddy's Laboratories, Adani Enterprises, Interglobe Aviatoion, Apollo Hospitals, M&M.

Except Consumer Durables and PSU Bank, all other sectoral indices ended in the green with Information Technology rose 2.5%, Metal index gained 1.5%, Realty index up 1.7%, while Media, Private Bank, Oil & Gas indices up 0.5-1%.

In stock-specific action, shares of Fino Payments Bank rallied 2% after Q4 deposits reached an all-time high, while Lodha Developers gained 1% as pre-sales jumped 23% during the quarter. CreditAccess Grameen advanced 5% following a 28% rise in Q4 disbursements, and Shyam Metalics climbed 3.5% as stainless steel sales increased by 22%.

On the downside, Jubilant FoodWorks declined 10% despite a 19% jump in Q4 revenue. Meanwhile, Swan Defence rose 5% after securing an order for an ammonia dual-fuel bulk carrier, Deep Industries gained 7% on winning a ?59 crore order from ONGC, and Titagarh Rail Systems surged more than 7% after receiving approval from the Ministry of Ports for its brownfield expansion project.