Mumbai - The Bombay Stock Exchange benchmark Sensex gained 491 points in early trade on Friday on emergence of buying by funds, triggered by firming global trend.

Tata Motors’ plan to roll out the Nano by October is looking difficult, as work at its project site in Singur slowed down further on the fifth day of the dharna organised outside the factory by Trinamool Congress leader Mamata Banerjee.

New Delhi - Home, consumer and other loan rates are likely to go up with the Reserve Bank of India hiking repo rate by 50 basis points from 8.5 per cent.