ICICI Bank gained 4.7% at 600.65 rupees.

Infosys Technologies climbed 0.4% at 1,755.40 rupees.

Realty stocks were in demand. DLF rose 8.6% at 414.55 rupees, Unitech surged 7.8% at 166 rupees and Indiabulls Real Estate closed up 6.8% to 279.30 rupees.

Capital Goods stocks gained. Punj Lloyd rose 14.1% at 228.40 rupees, Bharat Heavy Electricals surged 7.4% at 1,500.30 rupees and Larsen & Toubro advanced 6.5% to 2,379.85 rupees.

Power stocks moved higher. Tata Power climbed 9.1% at 1,097.95 rupees and Areva T&D jumped 9.1% at 1,419.50 rupees.

Reliance Companies Update

Reliance Communication rose 12.5% at 438.20 rupees, Reliance Industries rose 1.4% at 2,099 rupees and Reliance Infrastructure gained 7.2% at 773.55 rupees.

Rupee Falls

Rupee continues to trade in a weak territory. Rupee rose against dollar today, but expectations of rising crude oil prices and inflation has affected the sentiment of international investors. So far for the year, nearly $7 billion have been withdrawn from stock markets in India. India attracted nearly $17 billion of net capital flow in 2007.

The rupee in Mumbai trading 43.11/12 against the one dollar, higher than Thursday''s close of 43.30/31.

Asian Markets Review

The Nikkei 225 Index in Tokyo closed lower 27.51 or 0.21% to 13,237.89, Hang Seng index in Hong Kong increased 181.04 or 0.85% closed to 21,423.82. ASX 200 index in Australia increased 83.80 or 1.68% to close 5,082.10. The KL Composite index in Malaysia decreased 19.56 or 1.70% closed to 1,134.14.

The Kospi Index in South Korea decreased 28.60 or 1.78% to close at 1,577.94, SET index in Thailand closed higher 0.88 or 0.12% to 743.03 and JSE Index in Indonesia increased 28.14 or 1.23% to 2,314.75. The Sensex index in India increased 359.89 or 2.75% to 13,454.00.