In a major boost for investors, the Sensex soared 895 points to reach 80,004, while the Nifty climbed 262 points to 24,406 during Friday's noon session.
This surge added a whopping Rs 4.77 lakh crore to the market capitalization of BSE-listed companies, now totaling Rs 449.06 lakh crore. Out of 30 Sensex stocks, 28 were in the green, with M&M, Tech Mahindra, Tata Motors, JSW Steel, and Tata Steel leading the gains. The rally follows positive global cues, especially from the US, which eased recession fears.