Stock market today: The headline indices ended Friday's volatile trade in the green, thanks to a rebound in banking stocks. The Nifty index ended 64.55 points, or 0.3 per cent, higher at 21,782.5, while the Sensex finished the day 167.06 points, or 0.23 per cent, stronger at 71,595.49.

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The high-beta Nifty Bank index, whose 12 constituents include SBI, HDFC Bank, and ICICI Bank, finished the day 622.55 points, or 1.38 per cent, stronger at 45,634.55, aided by buying in Bank of Baroda, State Bank of India, among others.

Meanwhile, the Nifty MidCap 100 shed 1.4 per cent and the Nifty SmallCap 100 declined 0.89 per cent.

"After a volatile session, the market ended on a positive note, aided by a rebound in banking stocks after yesterday’s sell-off. Mid- and small-cap indices bled the most as the sentiment on the broader indices remained vigilant due to their rich valuation," Vinod Nair, Head of Research, Geojit Financial Services said.

"Caution prevails in the market ahead of the release of US, UK, and Indian inflation data next week, while the US 10-year yield is inching higher," Nair added.

Grasim, State Bank of India, Apollo Hospitals, Sun Pharma, and ICICI Bank were among the top gainers in the Nifty basket, trading with gains of around 6-2 per cent. On the other hand, M&M, Bharti Airtel, NTPC, ONGC, and Tata Steel were among the top losers, down nearly 2 per cent.

Global Market

European shares traded flat on Friday, as gains in healthcare stocks and video games group Ubisoft were offset by a rise in government bond yields following a pullback in aggressive bets on early interest-rate cuts.

The pan-European STOXX 600 index was unchanged at 485.12 points as of 0928 GMT. Ubisoft, jumped 15.9 per cent after the video games group reported third-quarter net bookings slightly above its forecast.

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