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Markets firm. Oil & gas lead.

Markets have continued to maintain the upbeat trend led by buying among index heavyweight Reliance Inds and Auto shares.

By 10:00, the Sensex was up by 82 points at 19,406 whereas the Nifty gained 26 points at 5,896 levels.

BSE Oil & Gas, PSU, Power, IT and Metal indices have surged between 1-2%. Apart from Banks, all the sectoral indices are trading in green zone.

The main gainers on the Sensex include ONGC, Hindalco, Maruti Suzuki, NTPC, RIL, Sterlite, Hero Moto, Infosys and BHEL, all gaining between 1-2%.

On the losing side, Bharti Airtel, SBI, ITC, JSPL and ICICI Bank have declined between 0.2-1%.

Among other shares, Suzlon Energy is trading higher by over 4% to Rs 18.75.

Oil marketing companies (OMCs) like BPCL, HPCL and IOC are trading higher by up to 4% in morning trades on reports that the Government is looking at the option of increasing diesel and kerosene prices by Rs 10 per litre in phases.



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