Sensex rises over 600 points, Nifty up over 16,300 | Top gaining shares

Sensex and Nifty settled over 1 per cent higher on Friday, led by gains in information technology stocks, as strong the US retail earnings outlook and waning concerns about overly aggressive interest rate hikes by central banks lifted sentiment globally. The NSE Nifty 50 index settled up 1.13 per cent or 182.30 points…