India's stock market closed on a positive note on Friday with Sensex\u00a0surging over 300 points and Nifty\u00a0ending just\u00a09 points short of\u00a010,500-mark led by a value-buying in shares of HDFC Bank, RIL, Tata Steel, Sun Pharma, ICICI Bank, ITC, SBI, L&T, TCS, Axis Bank, Yes Bank, HDFC, Kotak Mahindra Bank, Airtel and ONGC. The S&P BSE Sensex amassed\u00a0348.1 points to hit a day's high of 34,167.6 before settling up\u00a0322.65 points at\u00a034,142.15 and broader Nifty 50 advanced 116.4 points to hit day's high of 10,499.1 before ending\u00a0108.35 points higher at\u00a010,491.05. Indian equities inched higher on Friday after the five-day long subdued activity under subsumed volatility as volatility indicator -\u00a0India Vix - declined 4.24% to finish at\u00a014.2025. Shares of Tata Steel and Sun Pharma emerged as the top gainers among the Sensex\u00a0constituents rising over 5-7%. The stock of Tata Steel\u00a0spiked 7.29% to a day\u2019s high of Rs 684.35 before closing up 6.26% at Rs 677.8 on BSE. A\u00a0massive trading volume was witnessed in the shares of Tata Steel, as at 1:50 pm, more than 1.6 crore shares exchanged hands on both NSE and BSE with about 1.46 crore shares on NSE alone. The stock of Sun Pharma zoomed 6.05% to a day's high of Rs 575 before\u00a0ending up\u00a05.17% at Rs\u00a0570.2.\u00a0Other blue-chip stocks which also surged in today's\u00a0session include Yes Bank,\u00a0Bharti Airtel, Dr Reddy\u2019s, ONGC, NTPC, Power Grid, TCS, HDFC Bank, Reliance Industries, IndusInd Bank, Axis Bank, Tata Motors, ICICI Bank, and State Bank of India. The heavyweight shares of companies such as HDFC Bank, RIL, Tata Steel, Sun Pharma, ICICI Bank, ITC, SBI, L&T, TCS, Axis Bank, Yes Bank, HDFC, Kotak Mahindra Bank, Airtel and ONGC contributed heavily to the Sensex upsurge. Jointly these 14 stocks alone added about\u00a0281 points out of the 322-point gains. Shares of scam-hit PNB ended\u00a0down\u00a01.09% to Rs 113.4 after diving 2% to Rs 112.35 on the news of A market-wide buying was seen in the Indian stock markets today as all the sectoral and broader market indices ended in green with\u00a0Nifty Midcap 50,\u00a0Nifty Metal and Nifty Pharma rising 2-4% while Nifty 100, Nifty 200, Nifty 500, Nifty Mid100 Free, Nifty Small100 Free, Nifty\u00a0Bank, Nifty Financial Services, Nifty IT, Nifty PSU Bank, Nifty Private Bank also advanced up to 2%. Among the \u2018A\u2019 group shares of BSE, stocks of JP Associates, Fortis Healthcare, Mindtree, Kaveri Seed Company and\u00a0Radico\u00a0Khaitan gained 7-18% while the shares of Jubilant Lifesciences, Vakrangee, Siemens and IIFL plunged 2-11% today.