Markets

Indian shares rise early; SBI extends gains

Published Updated

State Bank of India, the country's top lender, rose more than 3 percent after it said the Indian government would inject 79 billion rupees ($1.6 billion) into the bank through a share purchase.

At 9:15 a.m. (0345 GMT), the main 30-share BSE index was up 0.81 percent at 16,999.43, with all but five of its components rising.

The 50-share NSE index rose 0.76 percent to 5,125.85.

Copyright Reuters, 2012