The Bombay Stock Exchange benchmark index, Sensex, erased initial losses to end 19 points higher on fag-end buying in oil & gas stocks triggered by expectations of hike in fuel prices.
The 30-share index rose by 19.30 pointsto close at 19784.08. Buying was seen mainly in refinery, PSUs and IT counters. Smart rise in ICICI Bank, TCS, ONGC, Infosys, SBI and BHEL shares helped the index cement gains.
The broad-based National Stock Exchange index, Nifty, gained by 6.65 points to finish at 6016.15, after touching the day’s low of 5981.55.