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Dec. 27 (Bloomberg) -- India's Sensitive Index rose for a fifth day, poised for its longest winning streak in two months. Oil & Natural Gas Corp., the country's largest explorer and Hindalco Industries Ltd. rose after prices of crude oil and metals climbed.
Oil & metal stocks in the region are higher on firm commodity prices,'' said R. K. Gupta, who manages the equivalent of $100 million of stocks at Credit Capital Asset Management Ltd. in New Delhi.
The Bombay Stock Exchange's Sensitive Index, or Sensex, added 67.03, or 0.3 percent to 20,259.55 as of 10:33 a.m. local time. The index is set for its longest winning run since the six days ended Oct. 29. The benchmark is set for a 47 percent gain this year, matching a similar gain last year...Read...
Oil & metal stocks in the region are higher on firm commodity prices,'' said R. K. Gupta, who manages the equivalent of $100 million of stocks at Credit Capital Asset Management Ltd. in New Delhi.
The Bombay Stock Exchange's Sensitive Index, or Sensex, added 67.03, or 0.3 percent to 20,259.55 as of 10:33 a.m. local time. The index is set for its longest winning run since the six days ended Oct. 29. The benchmark is set for a 47 percent gain this year, matching a similar gain last year...Read...