Mumbai, Feb 1 (IANS) A benchmark index for Indian equities Monday closed marginally higher than its previous close after having traded on a volatile note all day.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,339.32 points, ended at 16,392.53 points (provisional), up 34.57 points or 0.21 percent from its previous close at 16,357.96 points.

It had slipped over 197 points soon after opening bell.

At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty closed at 4,915.7 points, against the previous close at 4,882.05 points, a gain of 0.69 percent.

Broader markets did better, with the BSE midcap index closing 1.86 percent up and the BSE small cap index shutting shop 2.77 percent higher.