Sensex, Nifty close higher, financials gain

Indian shares ended a tick higher on Friday, as gains in financial stocks offset marginal losses in auto stocks.

The NSE Nifty 50 Index ended 0.1 per cent higher at 12,271.80, while the S&P BSE Sensex index closed 0.02 per cent higher at 41,681.54.

Both the indexes clocked second straight weekly gains and their best week since week-ending November 1.

The Nifty PSU Bank index, which tracks the country's state-run lenders, closed 2.28 per cent higher with 10 out of 12 stocks on the index finishing in positive territory.

Shares of miner Vedanta Ltd and Tata Motors Ltd were among the top losers on the NSE Nifty index, closing down 3.41 per cent and 1.79 per cent, respectively.

The country's auto index finished the session 0.39 per cent lower.