BSE Sensex flat RIL, Hero MotoCorp gain

SENSEX-NIFTY-RELIANCE-HERO-INDIA-SHARES:BSE Sensex flat RIL, Hero MotoCorp gain

 

Reuters Market Eye - The BSE Sensex gains 0.1 percent, while the 50-share NSE index <.NSEI> is up 0.05 percent. Trading is expected to be volatile given October derivative contracts expire at the end of the session.

Asian shares edge higher on Thursday as signs of recovery in China and the United States ease fears of deteriorating global growth, but sentiment remains vulnerable with weak corporate earnings continuing to undermine investor confidence.

Reliance Industries gains 1 percent on media reports the government has approved an increase in output from its KG-D6 blocks. (Click http://link.reuters.com/tav53t)

Hero MotoCorp shares recover to gain 0.6 percent after disappointment over July-September earnings had sent the stock down as much as 2.5 percent.