MARKET EYE-Indian shares gain; Reliance surges

Mon Jan 21, 2013 9:45am IST

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A statue of the Ganesh, the deity of prosperity, is carried in a taxi to a place of worship on the first day of the ten-day-long Ganesh Chaturthi festival in Mumbai August 29, 2014. REUTERS/Danish Siddiqui

Ganesh Chaturthi

During Ganesh Chaturthi idols will be taken through the streets in a procession accompanied by dancing and singing, and will be immersed in a river or the sea in accordance with Hindu faith.  Slideshow 

* The BSE index gains 0.33 percent, while the NSE index
 is up 0.26 percent.
* Reliance Industries Ltd jumps 4.4 percent after
posting a better-than-expected 24 percent increase in
third-quarter net profit, driven by a higher refining
margin. 
* Oil marketing companies extend gains after the government's
decision to allow higher diesel prices: Hindustan Petroleum Corp
Ltd is up 2.14 percent, Indian Oil Corp rises
1.9 percent, while Bharat Petroleum Corp Ltd gains 2.8
percent higher.
* State Bank of India gains 0.6 percent after the bank
approves a 30.04 billion rupees capital injection by the Indian
government. 

 (manoj.dharra@thomsonreuters.com;
manoj.dharra.thomsonreuters.com@reuters.net)
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