Key benchmark indices rose over 1 percent on Tuesday, snapping a four-day losing streak as blue-chips shares gained on continued hopes of reforms while a fall in crude oil prices also helped. Firm cues from regional markets also underpinned sentiment as improved manufacturing data from China, Japan and the United States augured well for global growth.
Media reports that the government may soon announce hike in natural gas prices lifted shares of gas production firms ONGC and Reliance Industries (RIL). Gas utility stocks surged. The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 39 advances to 11 declines.
Media reports that the government may soon announce hike in natural gas prices lifted shares of gas production firms ONGC and Reliance Industries (RIL). Gas utility stocks surged. The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 39 advances to 11 declines.
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