Indian shares gain; oil stocks surge

MUMBAI Thu Jan 17, 2013 3:34pm IST

Related Topics

Stocks

   

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)

FILED UNDER:

REUTERS EXCLUSIVE

Reuters Showcase

Documents' Leak

Documents' Leak

India widens oil leaks probe to defence ministry  Full Article 

Jim O’Neill Interview

Jim O’Neill Interview

'India can become world’s fifth-largest economy by decade’s end'  Full Article 

Food Security

Food Security

India will not cut multi-billion dollar food handout programme - PM  Full Article 

Ola's Expansion Drive

Ola's Expansion Drive

Taxi group Ola steps up expansion drive  Full Article 

Sahara Saga

Sahara Saga

Sahara's Grosvenor House hotel in London put up for sale   Full Article 

Suzlon Energy

Suzlon Energy

Suzlon expects to turn profitable in fiscal 2016: chairman   Full Article 

Eicher Motors Stake

Eicher Motors Stake

Volvo selling up to $300 mln worth of Eicher shares  Full Article 

Beef Trade

Beef Trade

Maharashtra clamps down on beef trade through new act  Full Article 

Budget 2015

Budget 2015

Budget announcements and reactions from the industry  Full Coverage 

Reuters India Mobile

Reuters India Mobile

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