Sensex Rises Over 450 Points, Nifty Trades Above 15,950

Indian equity benchmarks on Friday jumped in opening deals led by gains across all sectors after a steep fall in the previous session.

Asian shares found some footing after a volatile session for U.S. equities. Though, investors remained worried amid the persistently high inflation and hawkish policy stance by central banks.

Trends on the Nifty Futures on Singapore Exchange (SGX Nifty) indicated a gap-up start for the domestic indices.

The 30-share BSE Sensex jumped 481 points or 0.91 per cent to 53,411 in early trade, while the broader NSE Nifty moved 147 points or 0.93 per cent up to trade at 15,955.

Mid- and small-cap shares were positive as Nifty Midcap 100 rose 2.47 per cent and small-cap surged 2.57 per cent.