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Oil Stocks sore. Markets up.

Markets witness a strong session, leading the Nifty above the 5500 mark. The Oil marketing stocks have been the star winners in the trade today. Most of the Oil companies have seen significant gins.

At 10:02 AM, the Nifty is at 5528, up by 58 pts or +1.04%.   BPCL  has shot up by over 7% and is trading at 679.70.  ONGC has moved up by a whopping gain of 6.5%, as it trades at 290.70.

GAIL has moved up by

Metal counters have also seen rises. Tata steel is up by 2%.  Hindalco is up by 1.7%.

SAIL has seen a surge of 2.6%.

JPAssociates is up by 1.2%. BHEL is up by 1.3%. L&T has moved up by 1.7% at 1768.95.

Stocks in the red include HCL Tech – which is down by 0.7%, Reliance Infra – down by 0.4% and RCOM – down by 0.12%.



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