MUMBAI: The BSE sensex rose to its highest since November 2010, while the Nifty rose over 2% on Friday to mark its highest level in nearly five months, as lenders such as ICICI Bank surged on value buying after recent losses.

ICICI Bank Ltd gained 3.5%, while HDFC Bank Ltd rising 3.1%.

The Nifty was up more than 100 points, while the sensex was up more than 400 points at 1:50pm.