Reports » India
Indian stock market daily closing report (January 17, 2013)
January 17, 2013, Thursday, 13:13 GMT | 08:13 EST | 17:43 IST | 20:13 SGT
Indian Markets ended up 0.67% as the gains in Oil & Gas stocks provided firm impetus to the markets.
Buying interest was observed in Oil Marketing Companies (OMCs) as the Government partially deregulated diesel prices today. Telecom stocks rallied due to the Union Cabinet decision to slash CDMA spectrum price by 50 percent. Reliance & Wipro rallied today ahead of their quarterly result on account of optimism regarding their quarterly results.
The breadth of the market was positive in todays trade.
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