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The benchmark equity indices on the BSE and National Stock Exchange (NSE) ended around 1.5 per cent higher on Friday aided by gains in banking, financial and automobile stocks.
The S&P BSE Sensex surged 548.46 points (1.50 per cent) to settle above the 37,000-mark at 37,020.14, while the broader Nifty 50 ended above the 10,900-mark at 10,901.70, climbing 161.75 points (1.51 per cent).
Among the sectoral indices, the Nifty Financial Services index was the best performer on Friday, rising 1.94 per cent led by HDFC Bank, Bajaj Finance and Mahindra & Mahindra Financial Services. The key Nifty Bank index gained 1.71 per cent aided by IDFC First Bank, HDFC Bank and Bandhan Bank. Separately, the Nifty Auto index also rose 1.73 per cent driven by MRF, Ashok Leyland and Tata Motors.