The Sensex is higher by 572.46 points or 1.68% at 34573.61, and the Nifty up 174.60 points or 1.71% at 10409.30. The market breadth is positive as 1,640 shares advanced, against a decline of 272 shares, while 1,519 shares were unchanged.
Bank of Baroda surges 3% Shares of Bank of Baroda are higher by 3 percent after the lender announced an extension to its current CEO and MD by one year.
IT stocks such as Tata Consultancy Services, Infosys and HCL Technologies are trading lower on the back of a rising rupee.
OIL PRICES Oil prices steadied on Friday after a market rout driven by sharp falls in equity markets and indications that supply concerns have been overblown, but were still on track for a fall or more than 4 percent for the week.
Brent crude futures edged up 13 cents to $80.39 a barrel by 0042 GMT. The contract fell 3.4 percent on Thursday, after hitting a low of $79.80, its weakest since September 24.
Source-
https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-bse-nse-sensex-extends-gains-to-over-600-points-nifty-races-past-10400-auto-banks-gain-big-3037661.html
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