Mumbai: The BSE Sensex rose 112.01 points or 0.56 per cent at 20076.04 in the early afternoon trade. At 12.00 noon, the Nifty was trading up 33.95 points at 6073.15, helped by oil marketing companies.
While, ONGC surged 7.81 per cent and BPCL rose 9.90 per cent, IOC came off morning highs and was trading with 12 per cent gains and Oil India was trading up 11.26 per cent at Rs 573.10.
Cigarette major ITC announced its market-beating third quarter numbers. The stock was trading at Rs 288.70 up 1.24 per cent from its previous close of Rs 285.15.
Tech shares were trading with marginal losses. However, shares in India's No 3 software services provider Wipro Ltd were down 5 per cent, with traders saying the performance of the company's core IT services segment was not as strong as expected.
Exide Industries was another big loser on the Nifty, falling 8 per cent after reporting poor Q3 numbers.
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