Mumbai: Benchmark equity indices rallied in a consecutive day on Friday due to falling oil prices and a strong buying in IT stocks. Sensex surged 413.70 points, or by 0.56 per cent, to close at 74,729.27, and Nifty increased 148.80 points, or by 0.65 per cent, to end at 23,146.15 Regarding Nifty Technical Outlook, experts.