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Indian shares rise 1.5 pct early

Published: 12 Feb 2009 23:03:59 PST

MUMBAI, Feb 13 - Indian shares rose more than 1.5 percent early on Friday, with investors upbeat on higher Asian markets and ahead of an interim railway budget that could cut some freight rates.

Top-listed Reliance Industries <RELI.BO> and lender ICICI Bank <ICBK.BO> were the main gainers.

The 50-share NSE index <.NSEI> was up 1.44 percent at 2,934.60.


Source: Reuters

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