Sensex crosses 58K, gains 250 pts; Nifty tops 17,300; banks, auto, metals rally

Equity benchmark Sensex jumped over 250 points in early trade to scale the 58,000-level for the first time on Friday, led by gains in index majors Reliance Industries, Kotak Bank and ICICI Bank amid a positive trend in global markets and sustained foreign fund inflows. Similarly, the broader NSE Nifty too crossed the 17,300-mark in the opening session. The 30-share Sensex was trading 250.75 points or 0.43 per cent up at its lifetime high of 58,103.29, and Nifty advanced 67.65 points or 0.39 per cent to record 17,301.80 in initial deals.

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