MUMBAI India's stock markets rose 1.1 percent on Friday as state-owned lenders such as State Bank of India(SBI.NS) recovered from recent sharp losses, but the key indexes were still headed for a fourth weekly loss in five, highlighting fragile investor sentiment.
The broader Nifty ended up 1.15 percent, posting a second consecutive daily gain, but lost 1 percent on the week.
The benchmark Sensex gained 1.14 percent, but posted a 1 percent weekly loss.
SBI surged 3.3 percent after falling 12.1 percent over the last five trading sessions.
(Reporting by Manoj Rawal; Editing by Biju Dwarakanath)
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Published Date: Feb 05, 2016 04:30 pm | Updated Date: Feb 05, 2016 04:30 pm