Indian shares gain; oil stocks surge
MUMBAI Jan 17 (Reuters) - Indian shares rose on Thursday, led by gains in state-run oil companies after the government allowed them to set diesel prices, despite uncertainty about the specifics of the announcement.
Bharat Petroleum Corp provisionally rose 3.6 percent, Indian Oil Corp rose 6.5 percent, while Hindustan Petroleum Corp ended 5.1 percent higher.
Shares in Reliance Industries also rose 3.1 percent ahead of its December quarter earnings on Friday.
The BSE index provisionally gained 0.67 percent, while the 50-share NSE index ended up 0.57 percent. (Reporting by Abhishek Vishnoi; Editing by Anand Basu)
- Tweet this
- Share this
- Digg this
- Search widened as Malaysia air probe finds scant evidence of attack
- UPDATE 5-GM hires law firms it works with to probe recall response
- Malaysia air probe finds scant evidence of attack - sources
- Snowden: Proposed NSA reforms vindicate my data leaks |
- China deploys 10 satellites to help in search for Malaysia jet
MISSING MALAYSIAN PLANE
The so-far fruitless search for a missing Malaysian airliner entered its fourth day, as sources in Europe, the United States and Asia voiced growing scepticism that the flight lost 239 people on board was the target of an attack. Full Article