Indian shares up as sentiment improves across Asia

Thu Aug 13, 2009 2:06am EDT



 MAIN TOP 3 BY VOLUME
 * Firstsource (FISO.BO) on 11.6 million shares
 * Unitech (UNTE.BO) on 5.1 million shares
 * Ispat Industries ISPT.BO on 4.4 million shares
 STOCKS ON THE MOVE
 * Pratibha Industries (PRTI.BO) rose 6.7 percent to 172.50
rupees after the construction firm said it won an order worth
5.23 billion rupees ($109.1 million) to construct a medical
college in Patna, in the eastern state of Bihar.
 * Rallis India (RALL.BO) gained 7.9 percent at 795 rupees
after Tata Chemicals board approved a plan to buy up to 35.80
percent of equity shares in the company for not more than 850
rupees per share from other Tata group founders.
 FACTORS TO WATCH
 * For technical analysis double click on www.reutersindia.net
 * Indian rupee snaps 2-day fall as stocks gain         
[INR/]
 * Indian bond yields inch up ahead of supplies          
[IN/]
 * Dollar inches lower vs high-yielders after Fed       
[FRX/]
 * Oil near $71/bbl as recovery optimism offsets demand fears
[O/R]  * Asia stocks, Australia dollar rise after Fed    
[MKTS/GLOB]  * Wall Street gains as Fed says economy
stabilizing        [.N]  * For closing rates of Indian ADRs
              INADR  (Reporting by Pratish Narayanan;
Editing by Himani Sarkar)





























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