Sensex ends higher on oil

The broader NSE Nifty rose 0.22% to close at 7,980, while the benchmark Sensex ended 0.22% higher at 26,064

The BSE Sensex edged higher to post a second session of gains on Wednesday, led by Oil and Natural Gas Corp after crude oil rallied to 2016 highs, but gains were limited ahead of US and Japanese central bank policy decisions.

The broader NSE Nifty rose 0.22 per cent to close at 7,980, while the benchmark Sensex ended 0.22 per cent higher at 26,064.

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ONGC jumped 3.5 per cent while Oil India rose 2.8 per cent on the back of strong gains in crude oil prices, led by falling output and a weaker dollar.