BUZZ — Indian shares rise after recent slide; oil, IPO rush cap gains

* Indian shares rise after recent drop; benchmarks Nifty 50 and Sensex up 0.3% and 0.7%, after posting their longest weekly losing run in six years in the previous session * Markets remain cautious-to-neutral as recent recovery attempts lack support, said Hitesh Tailor, technical research analyst at Choice Broking, adding that consolidation and intermittent profit-taking are likely to persist * Twelve of the 16 major sectors advance; broader small-caps and mid-caps flat * Crude eases 1.8% but remains elevated at $102 a barrel, while tighter monetary conditions and an IPO rush weigh on sentiment, two traders say * Heavyweights HDFC Bank and Reliance gain 1.2% and 0.7%, respectively * Among stocks, Tega Industries jumps 7.3% after winning an order worth 1.26 billion rupees * Leap India rises 3% after UBS starts coverage with "buy" * Welspun Corp gains 2.3% after its unit wins an order from Saudi Aramco worth $209 million (Reporting by Bharath Rajeswaran in Bengaluru) ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;)