Shares of state-owned oil and fuel providers rallied up to 10 per cent on the BSE in the intra-day trade on Friday as crude oil price ranges prolonged their northward journey. On Thursday, Brent crude cost crossed $fifty per barrel-mark for the first time given that March on need restoration and hopes of Covid-19 vaccine.
ONGC finished five.sixty eight per cent higher at Rs 96.80 on the BSE.
In the broader industry, the S&P BSE MidCap index finished .15 per cent higher at 17,521 details and the S&P BSE SmallCap index settled .51 per cent higher at 17,553 details.
Among the sectoral indices on the NSE, Nifty Metal attained the most – up more than one per cent to 3,146 ranges. On the other hand, Nifty Pharma slipped .six per cent to 12,366 ranges.
