Sensex News: On Friday, the Sensex surged nearly 1,300 points, while the Nifty50 reached a record high, driven by broad-based buying despite concerns over the capital gains tax hike in the Budget. The total market capitalization of BSE-listed companies increased by Rs 7.16 lakh crore to Rs 456.98 lakh crore. Information technology stocks, including Mphasis, LTIMindtree, and Infosys, saw gains of up to 7% following positive U.S. economic growth data for the second quarter.
