Anil Dhirubhai Ambani Group-led infrastructure company Reliance Infrastructure topped the buying list with 10.5 per cent.
Mumbai: The BSE Sensex and Nifty rose over two per cent on Friday to their highest since July 2011 after the government announced new measures on overseas borrowing, bolstering confidence about its resolve to continue undertaking long-awaited reforms.
Infrastructure shares gained after Finance Minister P Chidambaram announced a cut in the withholding tax, which had first been proposed in the annual budget in March. Larsen & Toubro (LART.NS) gained 3.84 per cent.
The BSE Sensex provisionally rose 2.2 per cent to its highest close since July 25, 2011.
The Nifty gained 2.46 per cent.
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