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The Financial Express
Swasti Lankabangla Swasti Lankabangla

BSE, NSE edge up; Reliance Industries leads

| Updated: November 10, 2017 15:19:53


File Photo (Reuters) File Photo (Reuters)

Indian stock markets rose a wee bit on Thursday, led by shares of oil refiners such as Reliance Industries Ltd and Hindustan Petroleum Corp Ltd as oil prices fell overnight.

The broader NSE index was 0.12 per cent higher at 10,315.55 as of 0550 GMT, while the benchmark BSE index rose 0.13 per cent to 33,263.24, reports Reuters.

Energy shares accounted for most of the gains on the NSE index, with the Nifty energy index rising 0.9 per cent.

Reliance Industries, which rose 2.1 per cent, was the top percentage gainer on both the indexes.

Hindustan Petroleum, which is due to report second quarter results later in the day, was 1.7 per cent higher.

Petronet LNG Ltd rose as much as 5.6 per cent, buoyed by a 28.1 per cent increase in Sept-quarter profit.

Adhesives maker Pidilite Industries Ltd climbed 2.8 per cent after posting a 9.0 per cent increase in Sept-quarter profit, beating analysts’ expectations.

Housing Development Finance Corp Ltd was down 1.8 per cent, while IndusInd Bank Ltd traded 0.6 per cent lower.

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