Indian equities closed the week positively on the back of heavy buying action witnessed in blue-chip stocks including Reliance Infra, Hindalco and Reliance Communication.
Power, oil & gas, metal and PSU stocks witnessed stock specific action. BSE Midcap and Smallcap index gained 1.11% and 0.51% respectively.
The 30-share index, BSE Sensex, on Friday (Nov 8), opened negatively for the third straight session at 9,631.59 after losing 102.59 points on rising global recessionary pressures.