The 30-share BSE Sensex pack surged more than 1,100 points to trade above 78,250 level, while the broader NSE Nifty index moved up 351 points to trade at 23,701.

Benchmark Indian equity indices, the BSE Sensex and NSE Nifty50, settled higher by over 2 per cent each on Friday.

The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,440 level, a premium of nearly 90 points from the Nifty futures’ previous close.

Indian stock markets surged on Friday, with the Sensex soaring over 2,000 points and Nifty50 reclaiming the 23,900 mark. Strong US job market data, a rebound in Adani Group shares, and positive investor sentiment fueled the rally.

The BSE Sensex stood at 78,338.95, up 1,183.16 points, or 1.53 per cent. The BSE Nifty soared 492.40 points, or 2.11 per cent, to 23,842.30.