Sensex above 55K mark, metals and banks surge

Equity frontline indices were on upward swing during early hours on Friday with metal and banking scrips showing substantial gains. At 10:15 am, the BSE SandP Sensex was up by 229 points or 0.42 per cent at 55,073 while the Nifty 50 moved higher by 70 points or 0.43 per cent to 16,435.