New Delhi, Aug. 9 -- Indian equities closed the week higher despite bouts of volatility, with investors weighing the rollout of the new Closing Auction Session (CAS) framework for F&O stocks, the Reserve Bank of India's monetary policy decision, and continued geopolitical concerns.

For the week, the Sensex advanced 0.52% to 78,499.17, while the Nifty climbed 0.77% to end at 24,570.65.

Nifty 50 ended the session at 24,570.65, down 65.35 points (-0.27%), after failing to hold above the crucial 24,600 level. The index traded in a narrow sideways range throughout the session, reflecting indecisiveness among market participants. On the daily chart, a long upper wick indicates selling pressure at higher levels, although the index continues to...