The S&P BSE Sensex surged over 200 points in trade on Friday following positive trend seen in other Asian markets.
The Nifty50 surged over its crucial psychological level of 8,300.
The shares of KPIT Technologies surged over 15 per cent. Wipro slipped about 2 per cent post muted Q2 numbers.
The rally on the benchmark indices also spread to the broader markets, with the BSE midcap and BSE smallcap index gaining 0.6 per cent each.
The shares of KPIT Technologies surged over 15 per cent. Wipro slipped about 2 per cent post muted Q2 numbers.
The rally on the benchmark indices also spread to the broader markets, with the BSE midcap and BSE smallcap index gaining 0.6 per cent each.
The BSE oil & gas and BSE Bankex led the rally on the indices, both edging higher by 1.32 per cent each.
ICICI Bank and SBI were the top BSE Bankex gainers, up 2.1 and 1.85 per cent, respectively. The top contributors on the BSE Oil & Gas index were Cairn India and ONGC. The Rupee appreciated by 34 paise to 64.78 against the dollar in early trade on Friday. The domestic currency had fallen by 7 paise to close at 65.12 against the US currency on Wednesday. The currency market was closed on Thursday on account of Dussehra.
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