Stock market updates: Sensex rose over 350 points.
The S&P BSE Sensex and NSE Nifty 50 indexes staged a gap up opening in trade on Friday on the back of a broad-based buying interest led by information technology shares ahead of corporate earnings of Tata Consultancy Services. The domestic markets mirrored gains in other Asian markets as investors looked beyond rising coronavirus cases and political unrest in the United States and bet on an economic recovery later in the year. The Sensex rose as much as 410 points to hit an intraday high of 48,503.71 and Nifty 50 index touched record high of 14,259.15.
As of 9:25 am, the Sensex was up 308 points at 48,401.74 and Nifty climbed 106 points to 14,243.