Mumbai: Sensex on Friday went up by as much as 425 points or 1.50 per cent to start the trading day at 28,726.26. Nifty regained the psychological 8,800 mark in the early morning trade.
The broader Nifty 50 index surged over 91 points or 1.04 per cent to start at 8,869.60 level.
This was second day in a row that the benchmark 30-share index saw an upward movement. Sensex had closed around 146 points higher a day earlier.
Friday's rally in the stocks was mainly driven by a gigantic leap by HDFC Bank. HDFC Bank shares climbed up 7.29 per cent to Rs 1,424.05, this comes a day after RBI allowed foreign investors to buy shares in the company.
The bank kept its upward movement and added more value to its stock that rose as high as 10 per cent from its earlier closing point.
