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Sensex ends 1 pct higher after volatile session


Indian markets remained volatile throughout the day but the Sensex managed to close nearly 1 percent higher, tracking gains in global bourses.

A weak early morning session was followed by a bounce back, leading the benchmark index to 9302. But it pared gains later to close at 9149.

Index heavyweights like Reliance Industries (up 1.9 percent), ITC (up 1.8 percent) and Bharti Airtel (up 1.5 percent) led the rise.

Oil & Gas stocks did well in trade, sending the Oil & Gas index up 1.4 percent. Shares in Cairn India, Reliance Petro and ONGC ended with decent gains.