sending indexes to their second consecutive weekly gains, as
technology stocks such as Infosys extended a rally this year
after data continued to signal a sturdier U.S. economy. ONGC
trading higher on reports that the petroleum ministry seeks to
cut subsidy burden.
Further, Kotak Institutional Equities downgraded Maruti
Suzuki India to "sell" from "reduce," saying the outlook for the
company will be more challenging than currently priced by the
stock.
Shares of NTPC gains after they announced they are going too
lined up new projects of 19,000 MW capacities, nearly half of
that would be commissioned by 2017.
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