- 1,420 stocks gain amid market rally yesterday, Ramkrishna Forgings, Monnet Ispat shares soarBosch shuts Bangalore plant due to employees' tool-down strikeIndian rupee up 31 paise to 62.81 against US dollarBSE Sensex continues to rule firm for 2nd day, rallies over 354 points as banks soar
HDFC Bank Ltd rose 4.1 percent while ICICI Bank Ltd gained 2.1 percent. Among state-owned banks, State Bank of India rose 2.6 percent while Bank of India surged 7.9 percent.
Tata Steel Ltd shares rose 3.1 percent, adding to Thursday's 4.9 percent gain after the company's second-quarter profit beat expectations, helped by a rise in prices and market share at home.
However, among stocks that fell, Coal India Ltd shares fell 1.4 percent, adding to Thursday's 3.7 percent fall after its September quarter profit fell marginally to 30.52 billion rupees, lagging some analysts expectations.
FACTORS TO WATCH
* Dollar, yen fall; China helps growth-linked currencies
* Brent slips below $108 on Saudi exports; Iran eyed
* China reform plans lift world shares to 6-yr high
BSE index gains 2.21 pct; NSE ends 2.19 pct higher
UBS cuts India to 'neutral', upgrades China on reforms
ITC gains on unwinding of short positions in Nov futures
Tata Steel gains on July-Sept earnings, China reforms
Indian shares rise most in a month on Fed, China hopes; FII flows key