February 4, 2013 / 4:17 AM / 5 years ago

MARKET EYE-India shares gain; Tata Motors rebounds

* The BSE index gains 0.43 percent, while the 50-share
NSE index advances 0.46 percent. 
* Tata Motors Ltd gains 3.5 percent and UltraTech
Cement Ltd advances 3.6 percent after briefly plunging
as much as 10 percent each on Friday, because of a technology
trading glitch from brokerage Religare Capital Markets. 
  
* Oil refiners gain on expectations they will announce a diesel
price hike as early as this week after the government last month
allowed companies to raise prices.
* Hindustan Petroleum Corp Ltd, Indian Oil Corp
 and Bharat Petroleum Corp Ltd shares gain
over 0.7 percent each.

 (manoj.dharra@thomsonreuters.com;
manoj.dharra.thomsonreuters.com@reuters.net)

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