Stock market News
BSE Sensex rises; OMCs shares gain
The BSE Sensex rose 0.24 percent, while the 50-share Nifty was up 0.2 percent, as investors cheered the government's move to raise petrol prices, which is being seen as giving an impetus to reforms. Concerns remain as the rupee again hit a new record low of 56.24 to the dollar. State-run Indian oil companies rallied after the government allowed them to raise the prices of petrol. Bharat Petroleum
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