The BSE Sensex climbed 0.92 percent on Friday, rising for the sixth straight session to a 11-week high as foreign fund inflows continued and investor confidence bubbled on hints of policy efforts to boost growth in Asia's third largest economy.
The 30-share benchmark index ended 156.80 points higher at 17,233.98, with 16 of its components closing in the green.
The broader 50-share National Stock Exchange (NSE) Nifty index ended 0.90 percent or 46.40 points higher at 5,204.70 points on Friday.
Foreign investors continued to buy local stocks, pumping total inflows at more than $1.5 billion this month, according to estimates -- a sharp contrast to net outflows of about $500 million in 2011, that saw the Sensex dive nearly a quarter.
Index heavyweights Reliance Industries and Infosys led the day's rise, while the country´s largest domestic steelmaker Steel Authority of India Ltd rose almost 7 percent after the state-run firm announced plans to expand capacity in the next fiscal year.
The 30-share benchmark index ended 156.80 points higher at 17,233.98, with 16 of its components closing in the green.
The broader 50-share National Stock Exchange (NSE) Nifty index ended 0.90 percent or 46.40 points higher at 5,204.70 points on Friday.
Foreign investors continued to buy local stocks, pumping total inflows at more than $1.5 billion this month, according to estimates -- a sharp contrast to net outflows of about $500 million in 2011, that saw the Sensex dive nearly a quarter.
Index heavyweights Reliance Industries and Infosys led the day's rise, while the country´s largest domestic steelmaker Steel Authority of India Ltd rose almost 7 percent after the state-run firm announced plans to expand capacity in the next fiscal year.
