Published in:
Business Standard
Pubished on:
11 Mar 2016
Stocks climbed, with the benchmark index capping a second weekly gain, as energy companies and property developers increased after the government accelerated measures aimed at attracting investments and bolstering economic growth.
Cairn India climbed to a four-month high after the government freed prices of natural gas extracted from deep sea fields that start production this year. DB Realty was the top performer on a gauge of realty companies after the upper house of parliament passed a bill to set up an industry regulator. Adani Ports & Special Economic Zone rallied the most in a week, while Lupin, a drugmaker, climbed to a one- month high.