Shares in Reliance Industries gain 0.6% ahead of July-September earnings due later in the day.
Analysts expect the Indian conglomerate to post net profit of Rs 5,390 crore for the quarter ended September 30, with net sales expected at Rs 93,340 crore, according to a Reuters survey of analysts.
Dealers expect Reliance's gross refining margins above $9.5 per barrel versus $7.6 per barrel in the quarter ended June.
