Sensex ends up 44 pts; Refineries rally
Mumbai: The stock markets have strengthened further on gains in oil shares on easing of global crude prices. At Rs348 HPCL was up 3.30 per cent, BPCL gained 3.80 per cent at Rs408.75, ONGC was firmer by 0.90 per cent at Rs825.

Tata Steel was up 2 per cent at Rs307 on reports that steel companies would raise prices again.

Auto shares were also up as crude price cools. Tata Motors was up 0.90 per cent at Rs428.

The focus is on oil shares, but the overall mood is cautious as the index nears 6,000, said a dealer.

The BSE-30 share sensitive index was up 44.15 points at 5973.75 as against yesterday's close of 5929.60.

The Nifty was up 19 points at 1877.50.

Gujarat NRE gained 2.15 per cent on news that it has approved one-for-one bonus share issue and Re1-per-share dividend.

Ashok Leyland fell 1.65 per cent after it announced the decline in its October truck and bus sales dropped due to the two-month strike at its Hosur unit ending in late October affected production.
Shaw Wallace surged 5 per cent at Rs116.65 on news that its liquor business was likely to be sold.
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