India's BSE Sensex recovered from early losses to close marginally up at 84,563 on Friday, after a highly volatile session, as traders cheered better-than-expected election results. Early results showed Prime Minister Modi’s National Democratic Alliance (NDA) leading in the crucial Bihar assembly elections, reinforcing expectations of policy continuity and political stability. At the same time, the prospect of reduced US tariffs and expectations of RBI rate cuts helped to offset jitters over continued foreign outflows. Tata Motors (TMCV) led the gains, rising 3.4%, after reporting an annual jump in quarterly profits, despite lower revenues. Eternal, BEL, Trent, Axis Bank and State Bank of India and Sun Pharmaceuticals were also among the top performers, adding between 1% and 2.1%. On the flip side, Infosys, Tata Steel, Tech Mahindra and ICICI Bank posted the biggest declines, with losses up to 2.4%. For the week, the index posted a 1.6% rise, its first gain in three weeks.