The company is pursuing the early scheduling of gas with the Centre to restart generation.
8 out of 12 sectoral indices closed in red with BSE IT and Healthcare indices losing 0.5%.
Reliance Industries has regained the top slot among Indian energy companies on the Platts global list
Investors indulged in profit booking at attractive and higher valuations
After touching a fresh all-time low against the US dollar on Thursday, the rupee jumped 27 paise to end at 68.46.
Legendary sprinter Milkha Singh criticised boxer Sarita Devi for refusing to accept the bronze medal during the Incheon Asian Games victory ceremony last year, saying it was not proper to protest that way.
Sensex surged 486 points or 1.9%.
On Thursday, Oil Minister Dharmendra Pradhan had stated that the government was reworking the subsidy-sharing formula.
At 47 protests a day, the state has become the most restive in the country and investors are becoming increasingly wary
L&T, ONGC and banking scrips power gains in today's trade
Top gainers among the S&P BSE Sensex include GAIL, Dr Reddy's Laboratories and Bharti Airtel, all edging up by 1% in late morning deals
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RIL had objected to the state government's decision to receive bids in sealed envelopes instead of an open auction.
Sun Pharma emerged as the star performer and closed 4.03 per cent up at Rs 675.45, while Cipla rallied 1.58 per cent to Rs 592.60.
The 50-share NSE Nifty gained 53.30 points or 0.61 per cent to 8,778.
After grappling with the issue for two years, the Ministry of Petroleum and Natural Gas had on November 21 ordered that the margin to be charged, over and above the gas sale price, should be fixed between the seller and buyers in all sectors other than urea and LPG.
Tracking gains in bluechip stocks, investors were also seen building up position in broader markets, lifting the small-cap and mid-cap indices by 0.83 and 0.15 per cent
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The ETF is expected to fetch the govt Rs 3,000 crore.
Petroleum Minister Dharmendra Pradhan was to give away the awards but he could not attend because he was travelling.
The BSE Midcap and Smallcap indices underperformed the largecaps and ended over 1% lower.
With this, the total penalty on RIL for missing the target in four fiscal years beginning April 1, 2010 now stands at a cumulative $2.376 billion, the Minister informed the Lok Sabha on Tuesday.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
The top gainers on the Sensex are Gail(India), HDFC, Infosys.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
The 30-share Sensex ended down 297 points at 27,438 and the 50-share Nifty closed 93 points lower at 8,305.
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
Delhi, reeling under high temperatures and an acute electricity shortage, will get additional gas supplies from the National Thermal Power Corporation and Dabhol to increase power generation and help meet demand in the national capital.
Oil tanked to a 7-year low as OPEC decided to maintain production.
The 1,967 MW plant has not been operating since August because of stoppage of natural gas supplies from domestic fields.
Oil and gas sectot may not put up good numbers in Q4.
Broader markets broke the winning streak and ended lower, underperforming the benchmark indices
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
The Sensex has hit its lowest level since August 29, 2016 whereas the Nifty hit its lowest level since Sep 12, 2016
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Combined net profit estimated to grow 14.6% year-on-year, against a 5.7% decline in the Dec 2015 quarter
India's top singles star lifted his third ATP Challenge title as he outclassed top seed Aleksandr Nedovyesov 6-3, 6-1 in the final of the $ 100,000 ONGC-GAIL Open in New Delhi on Sunday.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
Sensex remained volatile through the day.
The BSE benchmark index is yet to give any indication on the monthly Fibonacci charts.
IOC is building a 5 million tonnes per annum LNG terminal at Ennore near Chennai which is to be completed by 2017.
