Indian shares rose on Friday, with the Nifty ending above 11,400 boosted by gains in auto, banks and FMCG stocks.
Meanwhile, robust earnings of Bajaj Financial and Bajaj Finserv during the week also boosted investor sentiment. Both indices rose over 1 percent for the week.
As the seventh and final phase of polling in the Lok Sabha scheduled for this weekend, focus has shifted to the exit polls on Sunday, indicating the end of the mammoth seven-phase voting phase which began on April 11.
Meanwhile, Asian shares remained subdued during the week amid worries of a trade war.
The BSE Sensex closed 537 points (1.4 percent) higher at 37,931, up 1.2 percent for the week, while the broader NSE Nifty50 ended 150 points higher (1.3 percent) at 11,407, up 1.1 percent for the week. The Nifty Midcap underperformed indices, losing 0.9 percent for the week.
Among sectors, the Nifty FMCG (up 2 percent) and the Nifty Bank (up 1.4 percent) ended in the green. Meanwhile, the Nifty Pharma was the worst performing sector, down 5.5 percent, followed by the Nifty Metal (down 2.3 percent) and the Nifty Media (down 1.7 percent) for the week.
Bajaj Finance was the top gainer for the week on Nifty50, up nearly 13 percent after the company reported a 57 percent rise in Q4. Global brokerages have also increased their target price for the stock for a 12-month period.
Bajaj Finserv rose 8 percent on robust Q4 results after it posted a 32 percent rise in consolidated net profit at Rs 839 crore against Rs 637 crore in Q3.
Titan rose 5.2 percent after the company reported robust results for Q4FY19 last week. It's jewellery business' revenue grew by a solid 21.1 percent when compared to the same quarter last year.
Hero Moto Corp, Kotak Bank, SBI and BBPCL also rose in the range of 3.6-4.6 percent during the week.
YES Bank was the worst performing stock for the week, down nearly 19 percent after the Reserve Bank of India (RBI) appointed former deputy governor R Gandhi as an additional director on the board of the lender for two years. However, CEO Ravneet Gill later brushed off Gandhi's appointment concerns and said they have welcomed the move.
Sun Pharma tanked 6.5 percent as drug companies have been facing heat after a lawsuit was filed against 20 global healthcare companies, including seven Indian firms, alleging the companies of conspiring to inflate prices of many commonly used medications. Dr Reddy's was another pharma company which slipped 5.6 percent for the week.
Tata Motors slipped 5 percent after reported 22 percent decline in group global wholesales, including that of Jaguar Land Rover (JLR), at 79,923 units in April 2019.
IndusInd Bank, JSW Steel, and Tata Steel were other worst performers for the week, down between 3.5-4.6 percent.
In the midcap space, Tata Global Beverages was the top performer, up nearly 19 percent after Tata Group transferred all its branded food businesses to Tata Global Beverages from Tata Chemicals.
SRF gained 15 percent after it reported strong Q4 earnings, driven by chemicals (32 percent of FY19 sales) and packaging film (34 percent) segments.
Manappuram Finance rose over 5 percent after it reported a 43 percent growth at Rs 255.59 crore against Rs 179.05 crore in the corresponding period of the previous fiscal.
Among other gainers, LIC Housing Finance gained 5 percent this week followed by Tata Chemicals (up 4.9 percent), PVR (up 4.7 percent) and Godrej Consumer Products (up 3.9 percent).
Dish TV was the top midcap loser for the week, down 15.9 percent followed by Canara Bank (down 7.5 percent), Chennai Petro (down 7.5 percent), Apollo Tyres (down 7 percent) and Glenmark Pharma (down 5.8 percent).