* 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
* 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.