NEW DELHI: Oil & gas stocks Indraprastha Gas (IGL) (up 2.81 per cent), Bharat Petroleum Corporation (BPCL) (up 2.52 per cent) and Indian Oil Corporation (IOC) (up 2.40 per cent) were trading in the positive territory in afternoon trade on Tuesday.

The BSE Oil & Gas index was trading 1.1 per cent up at 15,408 around 12:45 pm (IST).

Shares of Hindustan Petroleum Corporation (HPCL) (up 1.91 per cent), Castrol India (up 0.85 per cent), Petronet LNG (up 0.66 per cent), Reliance Industries (up 0.44 per cent) and Oil and Natural Gas Corporation (ONGC) (up 0.11 per cent) were also in the green in the oil & gas index.

However, shares of Oil India (down 0.37 per cent) and GAIL (India) (down 0.06 per cent) were slightly down around that time.

Equity benchmarks were trading up, backed by gains in metal, bank, oil & gas and financial stocks amid positive global cues.

Metal stocks witnessed a rebound after concerns over a potential trade war faded, boosting global investor sentiment.

The NSE Nifty50 index was up 40 points at 10,399, while the BSE Sensex was up 92 points at 33,839.

Among the 50 stocks in the Nifty50 index, 29 were trading in the green, while 21 were in the red.

Tata Steel, Adani Ports, IndusInd Bank, YES Bank and HDFC were among the top gainers in the Sensex kitty of stocks.