February 13, 2013 / 4:52 AM / 5 years ago

MARKET EYE-Indian shares gain; Tata Motors, ONGC lead

* The BSE index is up 0.6 percent and the 50-share NSE
index rises 0.55 percent.
* Shares in India's Tata Motors gain 3.1 percent after
unit Jaguar Land Rover (JLR) was seen posting solid
January sales.  
* Oil and Natural Gas Corp gains 1.5 percent, marking
a second day of gains after quarterly earnings beat estimates.
* Shares in Kingfisher Airlines fall to the maximum
daily limit of 5 percent after lenders said they would initiate
recovery proceedings against the defaulting carrier.
 
* All eyes are now on January WPI data, due on Thursday, which
is expected to have eased to its lowest level in three years,
due to a smaller rise in prices of manufactured goods, according
to a Reuters poll. 

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

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below