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Indian shares rise 0.3pc early, Reliance gains

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By Imad Uddin
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Indian stock exchangeMUMBAI: Indian shares rose 0.3 percent in early trade on Thursday, taking cues from firm Asian markets.

Energy major Reliance Industries led the gains, rising 0.8 percent after an oil ministry source said India's cabinet may consider approval for a $7.2 billion deal between the company and BP next week.

At 9:15 a.m. (0345 GMT), the 30-share BSE index was up 0.33 percent at 18,788.15 points, with 22 components advancing.

The 50-share NSE index was up 0.25 percent at 5,639.35 points.

 

Copyright Reuters, 2011

 

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