Markets Rise in Initial Trade Amid Rally in US Markets

Mumbai: Equity benchmarks climbed in initial trade on Friday amid a strong rally in the US markets and buying in banking counters.

The 30-share BSE benchmark Sensex rose by 481.94 points to 60,414.18. The broader NSE Nifty advanced 118.05 points to 17,728.45.

From the Sensex pack, IndusInd Bank, Titan, Bajaj Finance, HDFC Bank, Bajaj Finserv, ICICI Bank, HDFC and State Bank of India were among the major winners.