The Indian equities, which opened with negative gaps, have soon bounced back into green towards the closing sessions snubbing the prevailing gloomy situation in the country.

According to the sources, Sensex and its counterpart, the broad based Nifty ended the day with higher margins, drawing hope for the Monday`s session.

The Bombay Stock Exchange Midcap soared up 0.29 percent, while Smallcap index plummeted 0.31%.

Gujarat Chief Minister Narendra Modi visited Mumbai on Friday morning to pay homage to senior police officers who lost their lives fighting with the terrorists on Wednesday and to back the security forces. He also visited the Oberoi hotel. He wanted to go inside the hotel but was held back by security agencies.

As Mumbai witnessed one of the biggest terrorist attacks ever in the country, the rescue team put in all it could to make sure that it bailed out foreign and Indian guests holed up by militants in a luxury hotel.

"They are evacuating everyone," said one Indian woman leaving the Trident-Oberoi hotel with her husband. "Everyone is being taken care of."

The guests were escorted to waiting minibuses by police before being driven away.

President Pratibha Patil arrived in Bali on Friday on a five-day visit to Indonesia.

Her visit aims to enhance ties with Indonesia, a key member of the regional ASEAN grouping.

Patil arrived to a warm welcome in Bali on the final leg of her two-nation trip, which earlier took her to Vietnam, to give a momentum to India's 'Look East' policy initiative to enhance ties with its ASEAN neighbours.
 
During her stay in Bali, Patil would hold talks with her counterpart Susilo Bambang Yudhoyono on a wide range of issues encompassing political, economic and cultural ties.

Bollywood actor Ashish Chaudhary lost his loving sister and brother-in-law in the recent Mumbai terrorist attacks.

Ashish’s sister Monica and her husband were among 40 other hostages killed at the Oberoi Trident Hotel in Mumbai.

The actor along with his family members had been maintaining a tense vigil outside the hotel ever since he came to know about the terrorist attacks.

But, the actor burst into the tears after hearing the shocking news.

The death toll in cyclone hit Tamil Nadu has reached 86.

Cyclone Nisha, which crossed the coast near Karaikal, rendered thousands homeless and leaving a trail of destruction across the state. Crops more than one lakh acre of land were submerged.

Over 100 fishing boats were missing and 2,426 revenue villages had been fully damaged due to heavy rains.

Incessant rains for the past few days in Chennai caused extensive damage to roads and resulted in water logging in many areas, prompting the city road and rail transport to curtail services to a number of areas.