New York - After Thursday's holiday, US stocks extended their rally to a fifth day on Friday, with the Standard & Poors 500 Index capping its biggest weekly advance in in 34 years.
As US shoppers swarmed stores on Black Friday - traditionally the nation's biggest annual shopping day as consumers rush out to make use of bargains - experts were bracing for a disappointing outcome amidst the financial crisis.
Target Corporation shares slumped 3.9 per cent as retailers extended deep discounts, Bloomberg financial news service reported.
The Mumbai Railway Police denied that there was any firing at the Chatrapati Shivaji Terminus Station this afternoon.
According to the Commissioner, Railway Security, it was not firing but only a disruption and the condition is totally normal out there right now.
The 30-share index BSE Sensex, which had slipped into the red in early afternoon trade, has rallied to 9,118.63, up 91.91 points, on account of buying action seen across IT and auto sectors.
In the meantime, the broad based Nifty gained 7.35 points at 2,759.60 after touching a high of 2,779.00 and a low of 2,690.30.
New Delhi - No panic reaction was witnessed at India's key Bombay Stock Exchange (BSE), which was quoted in positive territory Friday after remaining closed the previous day because of terrorist attacks in the country's financial hub.
The 30-share-sensitive index or Sensex of the BSE was trading at 9,043.93, a gain of 17.21 points or 0.19 per cent at 1.15 pm (07 45 GMT).
India's National Stock Exchange or Nifty index, also based in Mumbai, however showed a decline of 0.45 per cent around the same time and was trading at 2,740 levels.