NEW DELHI: Gains in ONGC (up 2.27 per cent), BPCL (up 1.76 per cent) and HPCL (up 1.39 per cent) gave a boost to oil gas index in Tuesday's trade.The BSE Oil Gas index was trading 1 per cent up at 14,922 around 11:35 am.
Shares of Oil India (up 1.06 per cent), Reliance Industries (up 0.92 per cent), Petronet LNG (up 0.54 per cent), Indraprastha Gas (up 0.46 per cent) and Indian Oil Corporation (up 0.15 per cent) were also trading up.
Meanwhile, Castrol India (down 0.89 per cent) and GAIL (India) (down 0.19 per cent) were in the red around that time.
Equity benchmarks were treading higher as BJP was seen getting clear majority to form government in Karnataka.The BSE Sensex was up 302 points at 35,859, while the NSE Nifty50 index was up 86 points at 10,892.
In the Sensex index, 26 stocks were trading up, while 5 stocks were trading down.
Tata Motors, ITC, Coal India and Sun Pharma were in the red in Sensex kitty.Tata Steel, YES Bank and Power Grid were trading as top Sensex gainers.