Share market update: OMCs trade with gains; BPCL, IGL, ONGC climb up to 2%

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Gains in shares of most oil marketing companies (OMCs) boosted oil gas pack on BSE in Friday's session even as crude oil prices
rose in global markets
Crude oil recovered from early losses after China's commerce ministry said it would hold vice-ministerial level trade talks with US
counterparts in Beijing on January 7-8, Reuters reported. Shares of BPCL (up 1.62 per cent), Indraprastha Gas (IGL) (up 1.61 per cent), Oil
India (up 1.57 per cent) and ONGC (up 1.57 per cent) were top gainers in BSE Oil Gas index that was trading 0.96 per cent up at 13,529
around 01:10 pm
Indian Oil Corporation (up 1.55 per cent), Castrol India (up 1.54 per cent), GAIL (India) (up 0.60 per cent), HPCL (up 0.48 per cent) and
Reliance Industries (up 0.39 per cent) also traded with gains
Petronet LNG (down 0.22 per cent) was only stock in index that was in red at that time
Benchmark BSE Sensex was up 195 points at 35,709, while NSE Nifty50 index was up 60 points at 10,732
Among 50 stocks in Nifty index, 39 were trading in green, while 11 were in red
In Sensex index, 24 stocks were advancing, but seven stocks were suffering losses. Bharti Airtel, SBI, Tata Motors, Axis Bank and YES Bank
were leading among Sensex gainers
HCL Tech, Infosys, TCS, IndusInd Bank and Larsen Toubro were among top losers in Sensex kitty.