Sensex up 467 points, ends near three-year high

Mumbai: The BSE Sensex surged 467 points and the Nifty gained 143.5 points on Friday, marking their highest close in nearly three years as banks rose on value-buying while blue chips gained as foreign investors extended their buying streak to a 10th consecutive session.

The Sensex rose to its highest since November 2010, while the Nifty rose over 2 per cent on Friday to mark its highest level in nearly five months, as lenders such as ICICI Bank surged on value buying after recent losses.

ICICI Bank Ltd gained 3.5 per cent, while HDFC Bank Ltd rising 3.1 per cent.