The Indian stock market recorded strong gains on Friday, with the Sensex and Nifty rising more than 1% each as in-line earnings from IT heavyweight TCS, positive global cues and other factors boosted investor sentiment. The Sensex jumped 828 points to close at 77,569, while the Nifty 50 advanced over 244 points to end the session at 24,206, extending gains for the second consecutive session.
India VIX, which measures market volatility, fell another 8% to 12.33. The rally added nearly Rs 6 lakh crore to the combined market capitalisation of all BSE-listed companies, taking it to nearly Rs 482 lakh crore.
