(Reuters) - India's BSE index <.BSESN> rose 1 percent on Friday and posted its third straight weekly gain, as State Bank of India surged on a smaller-than-expected rise in June-quarter bad loans, while a rally in crude prices also boosted energy stocks.
The benchmark BSE Sensex closed up 1.05 percent at 28,152.40, posting a gain of 0.26 percent for the week.
The broader Nifty <.NSEI> ended 0.93 percent higher at 8,672.15, recording a fall of 0.13 percent for the week.
Indian markets will be closed on Monday for a local holiday.
Shares of State Bank of India jumped 7.1 percent, while Reliance Industries rose 2.1 percent.
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(Reporting by Aastha Agnihotri in Bengaluru)