Shares of Reliance Industries Ltd (RIL) rose nearly 2% as new petroleum minister M Veerappa Moily promised expeditious decision-making and said India should look at tripling oil consumption to boost economic growth.
After a bullish opening, shares of the energy major further gained 1.9% to Rs. 814.2 on the BSE. It closed at Rs. 811.2, up 1.5%. At NSE, the stock closed up 1.5% to Rs. 810.0.
The 30-scrip sensitive index, Sensex, of the Bombay Stock Exchange (BSE), which opened at 18,656.0 points, closed at 18,635.8 points, 10.5 points or 0.06% up from its previous day's close at 18,625.34 points.