Indian shares rose more than 1% on Friday, posting their fourth straight session of gains and the best weekly jump in 12 weeks, after companies such as Bharat Petroleum Corp Ltd posted upbeat earnings.

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The broader NSE Nifty closed up 1.08% at 8,156.65, while the benchmark BSE Sensex gained 1.09% to end at 26,653.60. Both the indexes posted their biggest weekly gain since March 4.

Shares of Bharat Petroleum Corp jumped as much as 10.6% to a record high after the company reported upbeat March-quarter results. It closed up 9.2%. Shares of State Bank of India Ltd surged 6.4%, the biggest daily percentage gain since March 2, after certain elements of its results including profit after tax comforted investors despite it posting worse-than-expected earnings.