At Close, Sensex closed 280 points, or 0.56 percent, higher at 50,051.44 while Nifty settled at 14,814.75, up 78 points or 0.53 percent.Ultratech Cement, HDFC Bank, IndusInd Bank, and ICICI Bank were the top gainers. Shree Cement, Adani Ports, Divis Labs, Tata Motors, and Maruti Suzuki were the additional gainers While ONGC, ITC and Power Grid were the top drags. Nifty PSU Bank index gained 3 per cent. The Nifty Auto, Financial Services, IT, and Realty indices gained up to 1 per cent on the NSE. On the downside, the Nifty FMCG and Metal indices skid 0.4 per cent and 0.6 per cent, respectively. The S&P BSE MidCap index gained 0.95 per cent higher, while the S&P BSE SmallCap index added 0.75 per cent. India VIX jumped more than 3% intra-day