Mumbai: India's 50-share index rose on Friday to mark its highest close since July 7, 2011, sparked by optimism that economic reform and budget plans unveiled by Spain will help manage its debt imbalances, while auto shares like Tata Motors also rose ahead of September sales data due Monday.

Tata Motors provisionally rose 2.8 percent, while Mahindra & Mahindra rose 1.4 percent.    

The Bombay Stock Exchange index provisionally rose 0.94 percent, while the 50-share National Stock Exchange index rose 0.85 percent.


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