MARKET EYE-Indian shares gain; ONGC, HPCL rise

Tue Feb 12, 2013 10:11am IST

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Coal Mining In The Punjab

Coal Mining In The Punjab

In Choa Saidan Shah miners dig coal with crude pick axes and load it onto donkeys to be transported to the surface earning a team of 4 workers around $10 to be split between them.  Slideshow 

* The BSE index is up 0.25 percent and the 50-share NSE
index rises 0.16 percent. 
* Shares in India's state-run Oil and Natural Gas Corp 
rose 2 percent a day after its October-December net profit beat
market expectations, while Hindustan Petroleum Corp 
rose 0.6 percent ahead of its October-December results later in
the day.
* Jindal Steel and Power falls 1.4 percent ahead of
its October-December earnings later in the day.
* India will release industrial output data for December around
0530 GMT. According to a Reuters' poll of analysts, the worst is
probably over for flagging Indian factories and  industrial
production could grow an annual 1.1 percent in December. 

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.thomsonreuters.com@reuters.net)
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