<p>The BSE benchmark Sensex closed 87 points higher after a volatile session on Monday, helped by positive Asian equities in the wake of a preliminary trade deal between the US and China.</p>.<p>After swinging 448 points, the 30-share Sensex ended 87.39 points, or 0.23 per cent, higher at 38,214.47. It hit an intra-day high of 38,513.69 and a low of 38,066.13.</p>.<p>The broader NSE Nifty too rose 36.10 points, or 0.32 per cent, to end at</p>.<p>11,341.15.</p>.<p>Tata Motors was the top gainer in the Sensex pack rallying 5.32 per cent.</p>.<p>ONGC rose 4.73 per cent after Oil Minister Dharmendra Pradhan said the state-owned firm was free to sell its stake in the HPCL.</p>.<p>Among other prominent gainers were Bharti Airtel, IndusInd Bank, Sun Pharma, Axis Bank, Maruti Suzuki, Bajaj Auto and TCS.</p>.<p>On the other hand, Infosys was the top laggard on the index, shedding 3.68 per cent, after the company reported a 2 per cent decline in its consolidated net profit for the July-September quarter.</p>.<p>Other losers included Bajaj Finance, PowerGrid, L&T, Kotak Bank -- dropping up to 2.37 per cent.</p>.<p>Besides stock-specific action, domestic equities followed other Asian stocks that rallied on US President Donald Trump's statement that US had reached a "very substantial" Phase 1 trade deal with China, traders said.</p>.<p>Bourses in Shanghai, Hong Kong, Seoul and Tokyo ended significantly higher, while those in Europe were trading in the red.</p>.<p>On the domestic front, wholesale price index based inflation eased to more than a three-year low of 0.33 per cent in September due to fall in prices of fuel and certain food articles.</p>.<p>Market sentiment, however, remained volatile amid concerns over an economic slowdown after the World Bank said India's growth rate is projected to fall to 6 per cent after a broad-based deceleration in the initial quarters of this fiscal year, traders said.</p>.<p>Meanwhile, the Indian rupee depreciated 13 paise to 71.16 against the US dollar intra-day.</p>.<p>Brent crude futures, the global oil benchmark, plunged 2.26 per cent to USD 59.14 per barrel. </p>
<p>The BSE benchmark Sensex closed 87 points higher after a volatile session on Monday, helped by positive Asian equities in the wake of a preliminary trade deal between the US and China.</p>.<p>After swinging 448 points, the 30-share Sensex ended 87.39 points, or 0.23 per cent, higher at 38,214.47. It hit an intra-day high of 38,513.69 and a low of 38,066.13.</p>.<p>The broader NSE Nifty too rose 36.10 points, or 0.32 per cent, to end at</p>.<p>11,341.15.</p>.<p>Tata Motors was the top gainer in the Sensex pack rallying 5.32 per cent.</p>.<p>ONGC rose 4.73 per cent after Oil Minister Dharmendra Pradhan said the state-owned firm was free to sell its stake in the HPCL.</p>.<p>Among other prominent gainers were Bharti Airtel, IndusInd Bank, Sun Pharma, Axis Bank, Maruti Suzuki, Bajaj Auto and TCS.</p>.<p>On the other hand, Infosys was the top laggard on the index, shedding 3.68 per cent, after the company reported a 2 per cent decline in its consolidated net profit for the July-September quarter.</p>.<p>Other losers included Bajaj Finance, PowerGrid, L&T, Kotak Bank -- dropping up to 2.37 per cent.</p>.<p>Besides stock-specific action, domestic equities followed other Asian stocks that rallied on US President Donald Trump's statement that US had reached a "very substantial" Phase 1 trade deal with China, traders said.</p>.<p>Bourses in Shanghai, Hong Kong, Seoul and Tokyo ended significantly higher, while those in Europe were trading in the red.</p>.<p>On the domestic front, wholesale price index based inflation eased to more than a three-year low of 0.33 per cent in September due to fall in prices of fuel and certain food articles.</p>.<p>Market sentiment, however, remained volatile amid concerns over an economic slowdown after the World Bank said India's growth rate is projected to fall to 6 per cent after a broad-based deceleration in the initial quarters of this fiscal year, traders said.</p>.<p>Meanwhile, the Indian rupee depreciated 13 paise to 71.16 against the US dollar intra-day.</p>.<p>Brent crude futures, the global oil benchmark, plunged 2.26 per cent to USD 59.14 per barrel. </p>