MARKET EYE-Indian shares up; Reliance, DLF gain

Wed Feb 20, 2013 2:17pm IST

Related Topics

Stocks

   

* The BSE index gains 0.14 percent and the 50-share NSE
index is up 0.18 percent.
* Shares in Reliance Industries extend gains to 3
percent, after the company said it will invest over $5 billion
in the next three to five years jointly with UK partner BP
 to boost declining output at a key natural gas field off
India's east coast. 
* Oil marketing companies trading higher, with traders saying
that oil and gas stocks are likely to benefit from government
reforms in the sector.       
* Indian Oil Corp up 1.1 percent, Bharat Petroleum Corp
 gains 3 percent and Hindustan Petroleum Corp 
is up 2.8 percent.
* DLF shares gain 3.7 percent, hitting their highest
level since Jan. 11, 2011, on continued hopes of an earnings
recovery and on a CLSA upgrade. The property developer gained
8.6 percent in the previous two sessions.

 (manoj.dharra@thomsonreuters.com;
manoj.dharra.thomsonreuters.com@reuters.net)
FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Diwali Sales

Diwali Sales

Gold sales jump about 20 pct for Diwali - trade body  Full Article 

World Bank Rival

World Bank Rival

Three major nations absent as China launches W.Bank rival in Asia  Full Article 

Wal-Mart India

Wal-Mart India

Murali Lanka appointed as Wal-Mart India operations chief  Full Article 

Microsoft Earnings

Microsoft Earnings

Microsoft sales beat Street hopes, cloud profits up.  Full Article 

Special Report

Special Report

Why Madrid's poor fear Goldman Sachs and Blackstone  Full Article 

U.S. Economy

U.S. Economy

Spectre of no-inflation world looms over Fed's return to normal  Full Article 

Insider Trading

Insider Trading

Rengan Rajaratnam, SEC to settle civil insider trading charge.  Full Article 

Market Watch

Market Watch

Betting on the beaten up? Investors pin hopes on stocks in Europe, Japan.  Full Article 

India Insight

India Insight

Kalki Koechlin on her role as a disabled girl in “Margarita, With a Straw”  Full Article 

Reuters India Mobile

Reuters India Mobile

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