* The BSE index gains 0.25 percent and the NSE index
is up 0.13 percent, after falling for five consecutive
* Asian shares steady on Friday after falling nearly 2 percent
this week on worries about the looming U.S. "fiscal cliff".
* Telecom shares extend gains after a tepid demand in a 2G
airwave auction raises hopes for lower prices: Bharti Airtel
gains 1.6 percent, while Idea Cellular
advances 1.2 percent.
* Some recent under-performers gain on short-covering: Infosys
gains 1.1 percent after falling 2.8 percent so far this month as
of Thursday's close.