Indian shares gain; Reliance Industries leads

MUMBAI Tue Dec 4, 2012 3:37pm IST

Related Topics

Stocks

   

MUMBAI Dec 4 (Reuters) - Indian shares rose on Tuesday, amid a crucial vote in the parliament on foreign direct investment in multi-brand retail, led by gains in Reliance Industries on a report.

The Economic Times earlier reported that the oil ministry is poised to approve the company's investment plans for the KG-D6 block.

Reliance Industries provisionally rose 2.6 percent, while among other gainers ICICI Bank ended 1.3 percent higher on continued hopes of rate easing by the RBI by December end.

The BSE index provisionally gained 0.19 percent, while the 50-share NSE index ended up 0.23 percent. (Reporting by Abhishek Vishnoi; Editing by Anand Basu)

FILED UNDER:

Economic Pulse

Reuters Showcase

Reaction to Budget

Reaction to Budget

India budget unlikely to impact credit rating - agencies  Full Article 

PMI Data

PMI Data

Factory activity growth slows to five-month low in Feb  Full Article 

Documents Leaked

Documents Leaked

Indian Oil suspends official for leaking information - sources  Full Article 

Coal Auction

Coal Auction

India examines coal mine bids amid reports of discrepancies  Full Article 

Ola Buys Rival

Ola Buys Rival

Ola buys rival TaxiForSure for $200 million  Full Article 

Priority Sector

Priority Sector

RBI revises priority sector lending norms  Full Article 

Global Economy

Global Economy

Global stimulus swells as China eases, ECB to start soon on QE  Full Article 

Steel Industry

Steel Industry

Steelmakers hit by uncertainty over import duty hike   Full Article 

HP Buys Aruba

HP Buys Aruba

HP to buy Wi-Fi gear maker Aruba Networks for $2.7 billion  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage