Nifty climbs 116 pts, tops 24,300; Sensex gains 287 pts

Synopsis Indian equities closed higher on Tuesday after a highly volatile session, with the benchmark indices recovering sharply from their morning lows. The gains came on the F&O expiry day, which also marked the first expiry session following the introduction of the Closing Auction Session (CAS), leading to heightened trading activity and volatility. The Sensex rose 287 points to 77,656, while the Nifty 50 gained 116 points to settle at 24,334, moving back above the 24,300 mark. In the broader market, the Nifty Midcap 100 ended higher, while the Nifty Smallcap 100 finished lower. F&O Expiry Summary: The expiry session remained volatile as traders adjusted positions and rolled over contracts. Sharp intraday swings reflected heightened activity in the derivatives segment, while the late recovery helped the Nifty reclaim the 24,300 level. Top 5 F&O Gainers: The session also saw strong buying interest in select F&O stocks, with the top gainers attracting attention amid the expiry-day volatility. Investment in securities market is subject to market risks. Read all the related documents carefully before investing.