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Sensex ends higher after swinging 800 points. Key factors to watch out for

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Indian stock markets ended higher amid volatile trade, driven by gains in banking stocks as markets awaited government stimulus measures to support the coronavirus-hit economy.

But losses in oil refiners' stocks curbed gains. The Sensex ended 232 points higher at 31,685 after swinging in a range of about 800 points intraday.

The broader NSE Nifty 50 index settled 0.71% higher at 9,270. The Nifty bank index, which had fallen 10% over the last two sessions, ended 2.2% higher, as India's top private-sector lender HDFC Bank Ltd gained 3.8%.

However, stocks of oil refining companies were hit by the government's decision to increase taxes and duties on petrol and diesel late Tuesday, a move that is expected to raise costs for these companies.

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United States
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India
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Russia
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Deaths: 237 619
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