Hero MotoCorp gains on RBI's FII investment approval

Reuters Market Eye - Shares in Hero MotoCorp gain after the Reserve Bank of India allowed FII investment of up to 49 percent.

Hero MotoCorp shares were up 1.2 percent to 3,072.35 rupees as of 9:50 a.m.

Also, sales boost seen due to festive demand, say traders.

(Reporting by Abhishek Vishnoi)