MARKET EYE-Indian shares up; Oil companies gain

Thu Jan 10, 2013 10:17am IST

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* The BSE index is up 0.3 percent while the NSE index
 is 0.25 percent higher.  
* India's oil ministry has made a proposal to the cabinet to
raise diesel prices by 1 rupee per month for 10 months and also
increase the number of subsidised cylinders. 
* Oil and Natural Gas Corp Ltd leads the market with a
2.6 percent gain. 
* Hindustan Petroleum Corp Ltd is up 1.15 percent
while Bharat Petroleum Corp Ltd rises 0.6 percent,
Indian Oil Corp Ltd gains 2.34 percent.

 (manoj.dharra@thomsonreuters.com/manoj.dharra.thomsonreuters.co
m@reuters.net)
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