India will develop underground natural gas storage facilities as an insurance against disruption and supply shortfall.
BSE IT index was the biggest sectoral loser, down 1.5% dragged by TCS
In a bid to slash costs, Air India has hedged 10,000 barrels of jet fuel for its aircraft this month, four weeks after its Board gave a nod to the move.
Friendlier government policies, greater demand and better supply of coal have fuelled investor interest.