BSE Sensex rises 0.9%; ICICI, RIL up

Published on Tue, Feb 28, 2012 at 09:42 |  Source : Reuters

Updated at Tue, Feb 28, 2012 at 15:08  

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BSE Sensex rises 0.9%; ICICI, RIL up

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NEW DELHI (Reuters) - The BSE Sensex rose 0.9 percent early on Tuesday, led by ICICI Bank and Reliance Industries , after a sharp fall in the previous session.

GVK Power and Infrastructure rose 3.1 percent after the Mint newspaper cited unnamed sources as saying the company is in talks with UK-based BG Group to sell stake in seven oil and gas blocks off India's west coast.

At 9:20 a.m. (0350 GMT), the main 30-share BSE index was up 155.57 points at 17,601.30, with 27 of its components advancing.

The 50-share NSE index was up 0.83 percent at 5,325.30.

(Reporting by Sanjeev Choudhary; Editing by Ranjit Gangadharan)

  

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