Sensex jumps over 500 points; Nifty above 15,300

Equity indices jumped on Friday with the benchmark Bombay Stock Exchange (BSE) sense rising over 500 points in early trade led by gains in banking, financial and metal stocks. The broader NSE Nifty trade above the 15,300 mark in the opening deals.
Top gainers in BSE pack included L&T, ONGC, NTPC, HDFC twins (HDFC and HDFC Bank), ICICI Bank, Axis Bank and SBI with their stocks rising as much as 2.61 percent.
On the NSE platform, except for Nifty Pharma and Nifty FMCG, all other sub-indices were in green with Nifty metal up as much as 1.40 percent. Both BSE and NSE platform were closed on Thursday on account of Mahashivratri.
On Wednesday, sensex had closed 254 points or 0.5 percent higher at 51,280; while Nifty ticked up by 76 points or 0.51 percent to settle at 15,175.
On the global front, Asian shares pushed higher on Friday after President Joe Biden signed $ 1.9 trillion stimulus bill into law, and as a great retreat in bond yields overnight eased global concerns about rising inflation.