India, Oct. 23 -- Indian shares rose modestly on Friday, mirroring firm global cues as investors cheered positive U.S. data and priced in the possibility of Biden's victory in next month's U.S. presidential election.
The benchmark S&P BSE Sensex ended the session up 127.01 points, or 0.31 percent, at 40,685.50, while the broader NSE Nifty index rose 33.90 points, or 0.28 percent, to 11,930.35.
Bajaj Auto, Power Grid Corp, Tata Steel, Mahindra & Mahindra and Maruti Suzuki rallied 3-4 percent, while Hindalco, GAIL, Hindustan Unilever, HCL Technologies and UltraTech dropped 1-2 percent.
Adtya Birla Fashion and Retail shares soared 7.5 percent after Flipkart said it would acquire a 7.8 percent stake in the company.
SBI Cards tumbled 5.5 per...