The following stocks may rise or fall in India today
The following stocks may rise or fall in India today.
The Bombay Stock Exchange's Sensitive Index, or Sensex, rose 0.8 percent to a record 14,515.90. The S&P/CNX Nifty Index on the National Stock Exchange added 0.8 percent to 4215.35. Nifty futures for February delivery gained 0.8 percent to 4206.
India's third-biggest state-run refiner Bharat Petroleum Corp. acquired a 20 percent interest in Australian exploration area AC/P32 in the Timor Sea waters, the company said in statement to the Bombay Stock Exchange. Bharat Petroleum rose 6.55 rupees, or 1.9 percent, to 358.8.
Indian Petrochemicals Corp. shut a plant that produces about 3 percent of the group's total output of yarn used to make textiles because of a labor dispute. Indian Petrochemicals, a unit of Reliance Industries Ltd., gained 1 rupee, or 0.4 percent, to 282.9.