ReutersReuters

Heavyweight financials buoy Indian benchmarks; volatility index jumps

** India's NSE Nifty 50 NIFTY and S&P BSE Sensex SENSEX up 0.7% and 0.9%, respectively; volatility index INDIAVIX up 12%

** Financial services stocks CNXFINANCE add 1.4% while Nifty Bank BANKNIFTY and Nifty Private Bank (.NIFPVTBNK) gain 1.7% and 1.4%, respectively

** Nine out of 13 major indexes trade in the green

** Top gainer in NIFTYFIN, ICICI Bank ICICIBANK rises 3.7% to record high post results, while SBI Life Insurance SBILIFE trims early gains, last up 0.3%

** Top losers on Nifty: Apollo Hospitals APOLLOHOSP on disappointing valuation of unit, HCL Tech HCLTECH on lower-than-expected FY25 outlook

** Bourse operator BSE BSE sheds 13% after markets regulator seeks change in fee structure

** More domestically-focussed mid-caps CNXMIDCAP and small-caps CNXSMALLCAP up 0.3% each

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