Indian shares rise 0.6 pct; Reliance up 1 pct

ndian shares rose 0.6 percent in early trade on Monday, led by gains in energy giant Reliance Industries (RELI.BO: Quote, Profile, Research) that rose after an Economic Times report it was close to announcing a major overseas buy.

At 9:55 a.m. (0425 GMT), the 30-share BSE index .BSESN was up 0.59 percent at 16,253.97 points, with 29 components advancing.

Reliance Industries was up 1 percent at 1,976.70 rupees.

The 50-share NSE Index .NSEI was up 0.5 percent at 4,820.60.

Indian share market is a well diversified market contains stocks belonging to different sectors. It is of highly volatile nature as well. Traders should not panic under adverse market conditions . By keeping a good track record of market updates traders can sustain in market in long term by earning good returns as well.