Sensex Climbs Up Over 550 Points, Nifty Trades Above 17,250; NTPC, Mahindra & Mahindra, ONGC Amongst Top Gainers

INSUBCONTINENT EXCLUSIVE:
The overall market breadth was strong as 2,052 shares were advancing while 556 were declining on BSE.New Delhi: The Indian equity benchmarks
on Friday traded higher in opening deals led by buying in all sectors amid positive global cues
Asian stocks recovered some of their steep losses from the previous session after U.S
markets limited further declines from hawkish U.S
Federal Reserve comments
U.S
30-share BSE Sensex jumped 579 points or 1.01 per cent to 57,856; while the broader NSE Nifty moved 153 points or 0.89 per cent higher to
17,263.Mid- and small-cap shares were positive as Nifty Midcap 100 index was up 1.43 per cent and small-cap shares were trading 1.78 per
cent higher.On the stock-specific front, NTPC was the top Nifty gainer as the stock surged 3.22 per cent to Rs 139.35
Mahindra and Mahindra (M-M), ONGC, Tata Consumer Products and Tata Steel were also among the gainers
In contrast, HDFC twins (HDFC and HDFC Bank) were among the losers.The overall market breadth was strong as 2,052 shares were advancing
while 556 were declining on BSE.On the 30-share BSE platform, NTPC, M-M, Wipro, Tata Steel, Sun Pharma, Tech Mahindra, IndusInd Bank and
Titan attracted the most gains with their shares rising as much as 3.82 per cent.On Thursday, Sensex had dropped 581 points or 1 per cent to
close at 57,277, while the broader NSE Nifty had settled 168 points or 0.97 per cent lower at 17,110.