New Delhi, Feb. 6 -- Indian stock market shed previous losses in a volatile session on Friday with the Nifty trading near 25,700.

At close, the Sensex was up 266.47 points or 0.32pc at 83,580.40, and the Nifty was up 50.90 points or 0.20pc at 25,693.70.

Broader markets showed a mixed performance as the Nifty Midcap index ended flat while the Smallcap index slipped 0.3pc.

Among the sectors, Financial Services index rose by 0.43pc.

Further, the Nifty FMCG clocked a strong gain of 2.27pc, Nifty Consumer Durables rose by 0.96pc while Nifty Private Bank, Realty, and Oil and Gas indices rose more than half a per cent each.

The gainers on Nifty50 were ITC up by 5.21pc, Kotak Mahindra Bank up by 3.33pc, and Hindustan Unilever up by 2.83pc. On ...