Sensex 29278.84 272.82 0.94%
Nifty 8835.6 74.2 0.85%
Petrol price was reduced by Rs 1.09 per litre, while diesel rates were hiked by 56 paise a litre.
Report stated that Petrol in Delhi will cost Rs 72.51 per litre as against Rs 73.60 a litre currently.
The diesel will be priced at Rs 58.40 per litre.
Earlier Petrol price was reduced by 70 paise on April 16 in line with declining trend in the international market.
India Infoline News Service / 09:04, Jan 22, 2015
The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.