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Nifty surges 120 points, Sensex gains 520 points amid positive global cues

Indian equity benchmarks opened with gains on Friday, with global cues remaining broadly positive, the uncertainty on the domestic front capped gains for Indian indices due to tensions on the India-Pakistan border. The Nifty 50 index surged to 24,395.90, marking a modest gain of 55.30 points or 0.2 per cent. On the other hand, the BSE Sensex saw an uptick, opening almost flat at 80,290.34 but gained 360 points to 80,607 at the time of filing this report.