Market Wrap: D-Street pares early gains to end higher, Sensex closes 226 points up, Nifty above 23,800

Indian benchmark indices saw a volatile session but closed slightly higher on Friday, starting the January series modestly. Sensex ended at 78,699, while Nifty 50 closed at 23,813.40. Top gainers included Mahindra & Mahindra and IndusInd Bank. A mixed performance was observed in Asian markets, and oil prices rose slightly with a stronger U.S. dollar capping gains.