In the past one month, several banks have hiked up interest rates for fixed deposits of less than Rs 1 crore, making them an attractive savings option.

Both benchmark indices - Sensex and Nifty - recorded their third straight weekly gains by rising 298.61 points and 97 points, respectively.

Reliance Industries market capitalisation rose to Rs 7,14,668 crore in afternoon trade surpassing TCS' market cap which stood at Rs 7,06,574 crore on the BSE.

Tata Sons board to meet today to decide Jet Airways takeoverThe board of Tata Sons is likely to meet Friday to discuss a proposal to take over the Naresh Goyal-controlled Jet Airways, which is looking for investors to tide over liquidity crunch that it has been saddled with, according to people familiar with the development. Airline's deputy chief executive and chief financial officer Amit Agarwal earlier this week had admitted that the company was in talks with \"multiple interested parties\...

\"Whether demonetisation or GST, you can question the efficiency of the implementation but conceptually you cannot question it. GST is a good reform,\" says Puri.

While the Sensex gained 118 points or 0.34% to 35,260, the Nifty rose 0.38% or 40 points to 10,616 level.

The stock has gained 17.13% since October 26 when the private sector lender announced its Q2 earnings.  The stock has gained 17.10% during the last one year and risen 17.68% since the beginning of this year.

However, most Asian markets ended lower after a rout in tech stocks, tracking a hefty sell-off on Wall Street, while the dollar hit a 16-month peak on safe haven bets amid China-US trade war worries.

Sony India said that the company ran out of the 55-inch TV stock even before Dhanteras.

Benchmark Sensex rallied 310 points to reclaim the 35,000-mark in the opening trade of the special Muhurat session on Wednesday to mark the beginning of Hindu Samvat year 2075.