Equity benchmark BSE Sensex jumped over 200 points in early trade on Friday tracking gains in banking, auto and energy stocks amid positive cues from global markets.
The 30-share index was trading 206.79 points, or 0.51%, higher at 40,493.27, while the broader NSE Nifty rose 55.05 points, or 0.46%, to 11,927.15.
Top gainers in the Sensex pack included SBI, Tata Motors, Bharti Airtel, Vedanta, ICICI Bank, Kotak Bank, Tata Steel, M&M, HCL Tech and Sun Pharma, rising up to 3%.
On the other hand, HDFC, NTPC, Axis Bank and Bajaj Auto fell up to 0.43%.
On Thursday, the Sensex ended 170.42 points, or 0.42%, higher at 40,286.48. Similarly, the broader NSE Nifty rose 31.65 points, or 0.27%, to end at 11,872.10.
Foreign institutional investors offloaded shares worth ₹562.05 crore in the capital market in the previous session, while domestic institutional investors purchased equities worth ₹82.74 crore, data available with stock exchange showed.
Globally, bourses in Shanghai, Hong Kong, Tokyo and Seoul were trading on a positive note amid reports that the first-phase of trade talks between the US and China is in its final stage.
Stock exchanges on Wall Street ended on a mixed note on Thursday.
On the currency front, the rupee appreciated 14 paise (intra-day) against the US dollar to trade at 71.82 in early session.
Brent futures, the global oil benchmark, rose 0.45% to USD 62.56 per barrel.
Please Email the Editor