Sensex up 178 points, Nifty gains 59 points
The BSE Sensex on Friday surged 178.30 points to settle at 23,154.30, while the NSE Nifty gained 59.15 points to close at 7,029.75. Market sentiment remained upbeat after the Economic Survey said the government will likely meet its FY16 fiscal deficit target of 3.9%, while also indicating India’s long term potential GDP growth rate at 8-10%.