The BSE Auto Index gained 1.5 percent on Friday with Hero Honda and Tata Motors posting gains of over 3 percent.
News and views on the funds sector from Reuters and elsewhere:
Funds cut euro zone debt in April - Reuters
Check out the smorgasbord of quarterly earnings in the consumer sector.
Among the many companies to report earnings on Thursday were P&G, Burger King, OfficeMax, Colgate, Fortune Brands, Bunge, Kellogg, Safeway and Mead Johnson. As usual, there was something for investors of all stripes.
News and views on the fund industry from Reuters and elsewhere:
The overpaid nanny – Times
Profits buoyant in US – Reuters
Top 10 shorts and squeezes – DataExplorers
Regulation summit kicks off – Reuters