Benchmark indices sustained their upward momentum in afternoon trade on Friday, with the Sensex climbing 394.22 points or 0.48 per cent to 82,566.32, while the Nifty 50 gained 125.25 points or 0.50 per cent to settle at 25,307.05 as of 12.45 pm. The rally built on morning gains driven by positive sentiment around India-US trade negotiations and sustained institutional inflows.
Banking and public sector stocks powered the advance, with State Bank of Indi a emerging as the top gainer on the Nifty 50, rising 1.75 per cent to ₹877.20. Power Grid Corporation gained 1.42 per cent to ₹290.20, while Adani Ports advanced 1.32 per cent to ₹1,414.00. Axis Bank added 1.18 per cent to ₹1,181.20, and ONGC climbed 1.19 per cent to ₹246.29.
The Nifty Bank index outperformed broader marke