MARKET WRAP: Sensex ends 139 pts higher in volatile trade; ONGC gains 5.7{bcdc0d62f3e776dc94790ed5d1b431758068d4852e7f370e2bcf45b6c3b9404d}
Shares of state-owned oil and gasoline companies rallied up to 10 per cent on the BSE in the intra-working day trade on Friday as crude oil selling prices extended their northward journey. On Thursday, Brent crude price crossed $fifty per barrel-mark for the 1st time given that March on desire recovery and hopes of Covid-19 vaccine.
ONGC ended 5.68 per cent higher at Rs 96.80 on the BSE.
In the broader current market, the S&P BSE MidCap index ended .15 per cent higher at 17,521 points and the S&P BSE SmallCap index settled .fifty one per cent higher at 17,553 points.
Among the sectoral indices on the NSE, Nifty Metallic gained the most – up over one per cent to 3,146 ranges. On the other hand, Nifty Pharma slipped .six per cent to 12,366 ranges.