Shares of refinery companies continued their upward move with the S&P BSE Oil & Gas index hitting nine year high on the BSE in intra-day trade on Thursday.
At 02:44 pm; the S&P BSE Oil & Gas index was up 1.6% at 12,592 as compared to 0.87% rise in the S&P BSE Sensex at 26,866.
The oil & gas index hit an intra-day high of 12,601, its highest level since January 18, 2008, on back of strong rally in stocks like Oil & Natural Gas Corporation (ONGC), Oil India and Indian Oil Corporation (IOC).
IOC hit a
At 02:44 pm; the S&P BSE Oil & Gas index was up 1.6% at 12,592 as compared to 0.87% rise in the S&P BSE Sensex at 26,866.
The oil & gas index hit an intra-day high of 12,601, its highest level since January 18, 2008, on back of strong rally in stocks like Oil & Natural Gas Corporation (ONGC), Oil India and Indian Oil Corporation (IOC).
IOC hit a