New Delhi, Nov. 9 -- The Indian stock market on Monday ended a volatile session with modest gains recovering from steep intraday losses as banking stocks rallied. At close, Sensex was 107.25 points, or 0.13 percent, higher at 81,106.65, while the Nifty gained 58.25 points, or 0.23 percent, to settle at 25,044.65.
Among the sectors, PSU banks led the gains with a 3.65 percent surge. It was followed by Bank Nifty and Pharma.
On the declining side were IT down by 1.22 percent and Metals slipped 0.46 percent.
On Nifty, the gainers were Larsen & Toubro up by 1.82 percent, HDFC Bank advanced 1.75 percent, ICICI Bank gained 1.53 percent, SBI surged 2.56 percent, Trent advanced 2.02 percent, while NTPC gained 1.87 percent.
The Indian rupee exte...