REUTERS - Indian shares rose more than 1 percent on Friday, posting their fourth straight session of gains and the best weekly jump in 12 weeks, after companies such as Bharat Petroleum Corp Ltd posted upbeat earnings.
The broader NSE Nifty closed up 1.08 percent at 8,156.65, while the benchmark BSE Sensex gained 1.09 percent to end at 26,653.60.
Both the indexes posted their biggest weekly gain since March 4.
Shares of Bharat Petroleum Corp jumped as much as 10.6 percent to a record high after the company reported upbeat March-quarter results. It closed up 9.2 percent.
Shares of State Bank of India Ltd surged 6.4 percent, the biggest daily percentage gain since March 2, after certain elements of its results including profit after tax comforted investors despite it posting worse-than-expected earnings.
(Reporting by Aastha Agnihotri in Bengaluru; Editing by Sherry Jacob-Phillips)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
