Reuters
BENGALURU (Reuters) -Indian shares marked their first weekly gain in three on Friday, lifted by sharp gains in automakers and financial stocks, as a slide in commodity prices offered some respite from broadening inflationary pressures. The NSE Nifty 50 index closed 0.92% higher at 15,699.25, while the S&P BSE Sensex climbed 0.88% to 52,727.98. "The recent correction in the prices of several commodities, especially industrial metals, is providing some light at the end of the tunnel with hopes of some of the inflationary pressures easing out," said Milind Muchhala, executive director at Julius Baer India.