AUG 12 TUESDAY

SHARES END HIGHER ON FALLING CRUDE PRICES.

Blue chips such as Reliance Industries , Oil and Natural

Gas and ICICI Bank helped Indian shares end higher

for the fifth consecutive session in Monday , with

sentiment boosted by Wall Street's strong close

on Friday due to a slide in crude prices.

The Bombay Stock Exchange's 30 stock sensitive

index , or sensex , rose 336.10 points or 2.2 % to end at

Rs 15503.92. It traded between 15367.97 and 15520.71

during the session.

Participants expect the markets to closely follow

global markets with some profit taking at every

rise .

The stock markets will be closed on Friday on

account of national holiday.

On Monday sweet light crude for September

delivery was trading at $ 116.32 a Barrel on the

Ner York Mercantile Exchange.

Despite Mondays rise Nymex crude is still under

some downward pressure following last week's

steep 7.9 % drop.

On the National Stock Exchange the 50 stock

S&P CNX Nifty rose 90.90 points to close at Rs 4620.40.

GAINERS OF THE DAY

Reliance Industries gained 3.4 % to Rs 2326.

ICICI Bank rose 5.7 % to Rs 770.75.

State Bank of India gained 4.6 % to Rs 1592.60.

HDFC Bank closed 2.2 % higher at Rs 1308.70