MUMBAI Jan 24 Shares in state-run Oil and Natural Gas Corp Ltd rose 3.4 percent in pre-open trading on Thursday as the oil ministry is expected to soon recommend a revision in local gas prices.
The oil ministry will soon send the recommendations to the cabinet for consideration, a ministry source told Reuters on Wednesday. (Reporting by Rafael Nam)
Trending On Reuters
With the Nifty breaching 8,500, sentiments are again bullish. But markets have been in the 8,200-8,600 range for some time and stocks across the board do not give the required confidence except for the liquidity factor. Many frontline stocks are not participating on the upside and the core sector is in a downtrend, writes Ambareesh Baliga. Column