* The BSE index gains 0.62 percent, while the 50-share
NSE index is also up 0.57 percent.
* Reliance Industries gains 0.6 percent, while Oil and
Natural Gas Corp is up 1.7 percent, on hopes of a
favourable federal budget.
* Gains also track positive Asian shares and other risk assets
as sentiment improved after U.S. Federal Reserve Chairman Ben
Bernanke reaffirmed his commitment to strong stimulus.
* Technology shares gain, Infosys Ltd up 0.7 percent
on expectations the budget would provide incentives to