Stock market news, April 13 -- The benchmark stock market indices, Sensex and Nifty 50, rose more than 1% on Friday, April 10, driven by increased purchases in banking stocks and a favourable trend in global markets.

Investor confidence grew amid expectations of a de-escalation in the West Asia crisis in light of upcoming US-Iran talks and declining crude oil prices, analysts noted.

After remaining in positive territory throughout the trading session, the 30-share BSE Sensex soared by 918.60 points or 1.20% to close at 77,550.25. During the day, it reached a peak of 990.85 points or 1.29% at 77,622.50.

The Nifty 50 saw an increase of 275.50 points or 1.16% to finish at 24,050.60.

In terms of weekly performance, the BSE benchmark gaine...