On Friday, the Sensex gained by 1031.43 points to close at 58,991.52, while the Nifty 50 surged by 279 points to close at 17,359.75

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At 11.30 am on Thursday, the headline equity indices, i.e. Sensex and Nifty 50 were trading flat, owing to weak global cues.    

The shares in Asia Pacific markets are trading lower after Wall Street ended its five-day winning rally as Federal Reserve again warned that it will monitor the inflation data and market conditions closely in order to decide the next pace of tightening despite the cooling of inflation levels in the month of July.