New Delhi, May 3 -- The key benchmark indices of the Indian stock market ended with marginal gains in a highly volatile session on Friday. The Nifty 50 index added 12 points and closed at 24,346, the BSE Sensex finished 259 points higher at 80,501, while the Bank Nifty index ended 28 points higher at 55,115. Among sectoral performers, media, energy, IT, and oil & gas posted gains of 0.3% to 0.7%. On the other hand, power, metal, telecom, pharma, realty, and consumer durables sectors saw losses ranging from 0.5 to 2%.

Mehul Kothari, Deputy Vice President - Technical Research at Anand Rathi, believes the Indian stock market faces resistance in the 24,600 to 24,800 zone. Mehul Kothari of Anand Rathi expects some meaningful correction after ...