Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading over 2 per cent higher on Friday, shrugging off the Russia-Ukraine concerns. BSE Sensex rallied over 1,100 points to hover around 55,700, while Nifty 50 index reclaimed 16600. IndusInd Bank, Tata Steel, Mahindra & Mahindra (M&M), Bajaj Finserv, Wipro, ICICI Bank, TCS, SBI, RIL were top Sensex gainers. All the Nifty sectoral indices were trading in the green. Nifty Bank index jumped 2.5 per cent, followed by Nifty Auto, Nifty Media, Nifty PSU Bank, Nifty Metal.