Indian shares snap 8 day losing streak; ONGC, Tata Motors gains

MUMBAI Tue Feb 12, 2013 3:35pm IST

Related Topics

Stocks

   

MUMBAI Feb 12 (Reuters) - India's benchmark index rose on Tuesday, ending an eight session losing streak that had marked its longest since May 2011, as ONGC gained after quarterly earnings beat estimates, while Tata Motors rose ahead of its own results later this week.

Oil and Natural Gas Corp Ltd provisionally rose 3.6 percent, while Tata Motors Ltd ended up 2.5 percent higher ahead of earnings due on Thursday.

The BSE index provisionally gained 0.54 percent, ending an eight session losing streak that had marked its longest period of consecutive declines since May 2011.

The 50-share NSE index ended up 0.45 percent. (Reporting by Abhishek Vishnoi; Editing by Rafael Nam)

FILED UNDER:

Economic Pulse

REUTERS SHOWCASE

Nifty Above 8,600

Nifty Above 8,600

Nifty hits record high above 8,600; state-run lenders gain  Full Article 

Indian in Iraq

Indian in Iraq

India says no contact with 39 men held by Islamic State in Iraq.  Full Article 

Sahara Issue

Sahara Issue

Sahara looks to raise $650 million loan to fund bail.  Full Article 

Bhopal Tragedy

Bhopal Tragedy

Bhopal's toxic legacy lives on, 30 years after industrial disaster.  Full Article 

Essar Group

Essar Group

Exclusive - Essar's planned oil-for-steel deal tests Iran sanctions  Full Article 

Islamic Fund

Islamic Fund

India gets new Islamic equity fund but debt market still off-limits  Full Article 

Fiscal Deficit

Fiscal Deficit

April-October fiscal deficit nears 90 pct of full-year target  Full Article 

Oil Prices

Oil Prices

Oil hits new four-year low post OPEC as glut looms  Full Article 

Gold Imports

Gold Imports

India eases gold import rule in surprise move.  Full Article 

Reuters India Mobile

Reuters India Mobile

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