Sensex rallies over 500 points in early trade; Nifty tops 14,400

Equity benchmark Sensex rallied over 500 points in early trade on Friday, tracking gains in index majors HDFC twins, ICICI Bank and L&T amid a positive trend in global markets. The 30-share BSE index was trading 500.92 points or 1.03 percent higher at 48,941.04, and the broader NSE Nifty surged 156.30 points or 1.09 percent to 14,481.20.Equity benchmark Sensex rallied over 500 points in early trade on Friday, tracking gains in index majors HDFC twins, ICICI Bank and L&T amid a positive trend in global markets. The 30-share BSE index was trading 500.92 points or 1.03 percent higher at 48,941.04, and the broader NSE Nifty surged 156.30 points or 1.09 percent to 14,481.20.