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The S&P BSE Sensex surged over 200 points in morning trade on Friday ahead of Economic Survey. The rally in the index was led by gains in Infosys, L&T, Sun Pharma, HDFC, and Tata Motors.The Nifty50 was trading near its crucial level of 7050 supported by gains in power, metal, banks, auto, oil & gas, and realty stocks. 

Sensex fell for a third consecutive session on Thursday as caution prevailed ahead of the union budget due next week, while sentiment was further hit by weaker global markets and the expiry of derivatives contracts at the end of the session.