Mumbai : In a volatile session, the benchmark Sensex surged 230 points in early trade but pared most gains to end with a slender 41 points rise on selling in banking, pharma and oil&gas shares and caution ahead of crucial Greek debt talks. Globally, all eyes are Greek Finance Minister Yanis Varoufakis on Monday meeting his counterparts from the Eurozone in Brussels to seek their backing for an overhaul of the austerity-laden bailout.
Failure to agree an extension would see it default on its giant debts and likely mean it would crash out of Eurozone.
The current European Union-International Monetary Fund bailout programme, under which Greece has an existing debt of more than 300 bln euros, is scheduled to expire on Feb 28.
