A day after suffering strong losses of about 1.5 per cent, Indian stock market benchmarks- the Sensex and the Nifty 50 - jumped by almost a per cent each intraday on Friday, November 29.

PSU Bank index tumbled over 1 percent in trade after SBI, Bank of Baroda and Canara Bank dragged the index lower.

Infosys fell 2.86 per cent to Rs 1,869.16. Tech Mahindra, HCL Tech and TCS fell 2.68 per cent, 1.91 per cent and 1.42 per cent, respectively. M&M fell 2.52 per cent to Rs 2,934.7. The auto major recently unveiled of two electric SUV models.

The Nifty 50 ended the session with a gain of 0.91%, closing at 24,131, while the Sensex rallied by 0.91%, finishing at 79,760. However, the broader markets underperformed the benchmark indices.

For the week, BSE Sensex and Nifty gained 1 percent each, while for the month of November, Sensex added 0.5 percent, while Nifty slipped 0.30 percent.

Indian equity indices rebounded sharply, with BSE Sensex gaining 770 points and Nifty50 rising 217 points. Sun Pharma and Bharti Airtel led the rally, while Adani stocks surged up to 9%. The market cap of BSE-listed firms rose by Rs 2.

The S P BSE Sensex surged 663 points to reach 79,702.09 by 10:33 am, while the NSE Nifty50 climbed 154.60 points to trade at 24,084.95.

People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters) At 2:50 pm IST, the benchmark BSE Sensex fell by a whopping 1,163.92 points or by 1.