Indian shares rise 1 pct on short covering

MUMBAI, July 10 (Reuters) - Indian shares extended gains to 1 percent on Friday afternoon as day traders covered their short positions ahead of the weekend, but the market was on course to its biggest weekly fall in almost five months.

Infosys Technologies (INFY.BO), India's No.2 software outsourcer, led the rise climbing 4.7 percent to 1,756.10 rupees.

By 2:20 p.m. (0850 GMT), the 30-share BSE index .BSESN was up 0.9 percent at 13,882.96 points, with 18 components gaining, after rising as high as 13,897.19.

The 50-share NSE index was up 1.15 percent at 4,128.05 points. (Reporting by Janaki Krishnan)