The domestic stock markets rebounded from Thursday’s losses to post solid gains in early trade on Friday ahead of the release of key macroeconomic data. The S&P BSE Sensex opened at 34,291.92 and the Nifty50 of the National Stock Exchange (NSE) at 10,331.55. At 10:15 am, the 30-share Sensex surged 644.64 points or 1.90 per cent to 34,645.79 level. The Nifty50 index traded above the psychologically crucial mark of 10,400 at 10,430.45, with a gain of 195.80 points or 1.91 per cent. At the time of writing this report, Sensex had registered an intraday high of 34,696.31 and the Nifty of 10,435.55.