Indian shares surged in late trade on Friday on the back of gains in private banks and metal stocks, with ICICI Bank Ltd climbing to a record closing high.
The broader NSE Nifty ended 0.97 percent higher at 11,754.65, while the benchmark BSE Sensex closed up 0.87 percent at 39,067.33. Both indexes ended nearly flat for the week.
ICICI Bank jumped 3 percent and was the top boost to the indexes, while Axis Bank Ltd rose 2.6 percent after reporting solid results for the fourth quarter.
Tata Steel Ltd, up 6.8 percent, ...