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Sensex rises; energy firms gain on fuel hike media reports

Source : REUTERS
Last Updated: Fri, Dec 28, 2012 10:16 hrs
Diesel hike, QE3 boost Sensex, Nifty

Sensex provisionally ended higher on Friday led by gains in oil companies including ONGC following media reports the petroleum ministry has proposed gradually raising diesel prices.

Oil and Natural Gas Corp gained 2.9 percent, while Hindustan Petroleum Corp Ltd gained 4.43 percent.

Reliance Industries gained 3.22 percent as the stock was seen to have under-performed this year.

The BSE index gained 0.68 percent, while the NSE index rose 0.65 percent.


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