Nifty IT index surged 4.80% on Friday. Top gainers: COMPANY LATEST PREV CLOSE GAIN() GAIN(%) MINDTREE 987.95 897.60 90.35 10.07 TCS 3414.00 3191.15 222.85 6.98 TECH MAHINDRA 696.10 665.20 30.90 4.65 INFOSYS 1179.65 1132.85 46.80 4.13 HCL TECHNOLOGIES 1057.00 1018.55 38.45 3.77 Sectoral Trend BSE Sensex: Gainers and losers Market at close The S&P BSE Sensex ended at 34,416, down 12 points while the broader Nifty50 index settled at 10,564, down 1 points. Analysis: Asian oil demand to hit record, but industry can't take eyes off Middle East Asian oil demand will hit a record in April just as global crude values are lifted to levels not seen in three years by Middle East supply risks and top exporter Saudi Arabia withholding output and noisily pushing for prices at $80 to $100 per barrel. Most analysts have pointed to escalating Middle East conflicts, a crisis in Venezuela, and the supply cuts of Saudi Arabia and other producers as the main drivers taking global benchmark Brent and U.S. West Texas Intermediate crude futures this week to their highest since late 2014 at almost $75 and $70 a barrel, respectively. READ MORE Ashok Leyland expects 20% growth in bus business this year Commercial Vehicle major Ashok Leyland is expecting a 20 per cent growth in its bus business, as the segment is picking up growth from a slow pace last year. In the previous year, the industry and the company had seen a decline of around 23 per cent owing to various reasons including confusion among customers regarding the delayed Bus Body Code. However, the company managed to increase its market share by 0.3 per cent. READ MORE