Asian shares joined a global rally and scaled a fresh decade peak on Wednesday as strong world growth and rising corporate profits lured hordes of investors into equities, while oil prices jumped on expectations of a production cut. Japan's Nikkei was up 0.8 percent and South Korea's KOSPI climbed 0.4 percent. Australia's benchmark S&P/ASX 200 index inched higher towards critical chart level of 6,000 points.

Tata Global Beverages September-quarter group consolidated net profit at Rs 144 crore versus profit of Rs 127 crore last year. Eicher Motors Q2 consolidated net profit at Rs 518 crore versus profit of Rs 413 crore last year. Shares slip 1.67 percent to 30,050 level.

Market breadth was positive with 1,485 stocks closing higher against 1,230 ending in the red on the BSE. 141 stocks remained unchanged.

Rate of natural gas produced from existing fields of state-owned Oil and Natural Gas Corp (ONGC) and Reliance Industries has been cut to $2.5 per mmBtu for a 6-month period from October 1, from $3.06 per mmBtu currently.

Shares of Indraprastha Gas rose nearly 8 per cent to hit its record high after the company posted about 44 per cent jump in net profit in the June quarter, beating market expectations.

The headline indices sank tracking mixed trend seen in Asian markets as investors awaited cues on whether the Federal Reserve would raise US interest rates this year.

Indraprastha Gas Ltd recorded highest CNG sale of 26.7 lakh kg a day this week after more vehicles switched to the cleaner fuel with the start of second round of 'odd-even' rule for plying of private cars.

There are about 280 CNG filling stations in the city and 46 more in NCR areas. Total number of taxis in Delhi stands around 80,000.

Gas stocks rallied up to 10 per cent in trade on Wednesday as these are seen as key anti-pollution plays in markets.

Contract renegotiation may provide significant earnings impetus to GAIL and remove the key overhang for Petronet.

Analysts warned the rally could be short-lived, with volatility expected next week ahead of the derivatives contracts expiry on November 26.

Shares of Jindal Steel ended 7.23 per cent higher following news reports that the CCI has given a clean chit to JSPL on allegations of cartelisation.

The company stock opened 8.5 per cent down from Rs 743.10 on May 26, 2015, when it was delisted.

The PESB interviewed ten candidates, including the firm's director (finance) Rupshikha Saikia Borah. After the interview, the PESB in a notice said, \"The Board decided to see more candidates.\"

With the markets being volatile on Thursday with the stock exchanges trading in red in the afternoon session reversing the morning gains, here are the five stocks that were in news today.

Supreme Court ruled that regulator Petroleum and Natural Gas Regulatory Board could not set gas tariffs on behalf of gas distributors.

Upbeat after bagging the city gas distribution project in Bangalore, GAIL Gas has ambitious plans.

PNG prices have been hiked by 45 paise per standard cubic metre to Rs 25.35 in Delhi and 50 paise per standard cubic metre in NCR.

The share price of the company jumped 3.48 per cent on Monday after the drug maker launched a new drug for stroke or brain surgery patients.

Indraprastha Gas, which retails compressed natural gas to automobiles and piped cooking gas to households in the NCR, said the new rates would be effective from midnight tonight.