Eveready gains after Buffet's Duracell buy

Reuters Market Eye - Shares in battery maker Eveready Industries India gain 2.5 percent, stock hovering near its highest since 1996; up about 339 pct YTD.

Buffett's Berkshire Hathaway agreed to buy Procter & Gamble Co's Duracell battery unit.

Buffet's purchase would lead to higher valuations for the sector, according to traders.

(Reporting by Abhishek Vishnoi)