Key indices Nifty50 surged over 250 points to trade above 18,300 levels and the S&P Sensex advanced over 1,000 points to hit 52-week high of 61,685 levels.
All sectors swimmed in a sea of green, with Nifty IT index leading at the fore-front, up over 3 per cent.
Among individual stocks, shares of Nykaa moved higher by 20 per cent after foreign portfolio investors (FPIs) acquired stake in the company via open market. READ MORE
Besides, shares of Zomato surged over 7 per cent after the company’s net loss narrowed to Rs 251 crore in Q2FY23.
Stellar listing
Shares of DCX Systems (DCX) made a strong market debut, with its equity shares listed at Rs 287, a 39 per cent premium to its issue price of Rs 207 per share on the NSE. READ MORE
After a softer-than-expected US inflation report, the Indian rupee opened at 80.71/$ vs Thursday’s close of 80.81/$, claiming a fresh seven-week high.