Sensex gained around 262 points to close at 77,764 on Friday, while Nifty 50 rose more than 95 points to end the session above 24,270 during Friday's trading session. The sharp gains added nearly Rs 44,155 crore to the total market capitalisation of all companies listed on BSE, pulling it up to Rs 480 lakh crore.

Stock markets rise for a second day as Sensex gains 579 points amid easing crude oil prices and IT sector buying.

Dalal Street ended Thursday on a bright note, with benchmark equity indices Sensex and Nifty closing nearly 1% higher. The momentum was buoyed by a sharp rally in IT stocks and…