At Close, Sensex closed 629 points or 1.65 per cent, higher at 38,697.05 and Nifty ended 169 points, or 1.51 per cent, up at 11,416.95 endings near the day’s high amid across-the-board buying. IndusInd Bank shares jumped 12.5% followed by Bajaj Finance, Axis Bank, ICICI Bank, and Tech Mahindra. Only ITC, NTPC, Reliance, Titan, and ONGC ending the day in red with marginal losses. The volatility index, India VIX, slipped nearly 6.5 per cent to 18.27 levels. BSE Midcap index closed 0.73 per cent up while the BSE Smallcap index settled 0.69 per cent up. Among the sectoral indices, BSE Energy and Consumer Durables ended with mild losses. BSE Bankex index jumped almost 4 per cent while Finance rose over 3 per cent.