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Sensex ends higher; State Bank of India, L&T gain

Reuters 

- Indian ended higher on Friday, as banks gained after State of said it swung to a second-quarter profit from a loss a year ago, while Ltd gained after its unit won orders.

However, gains were capped as concerns around oil prices dented refiners' such as Reliance Industries Ltd, while Tata Motors Ltd fell after it said its British unit faced intensifying competition.

The broader NSE Nifty closed 0.12 percent higher at 10,321.75, while the benchmark BSE ended up 0.19 percent at 33,314.56.

The Nifty ended 1.3 percent lower this week, while the lost 1.1 percent - both posting their first weekly fall in three as were hit by consolidation and concerns about rising crude prices.

(Reporting by Krishna V Kurup in Bengaluru; Editing by Sunil Nair)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, November 10 2017. 16:00 IST
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