NEW DELHI: The BSE Oil & Gas index was trading 0.31 per cent up at 15,085 around 11:45 am (IST) on Thursday, backed by gains in shares of Indian Oil Corporation (up 0.96 per cent), Reliance Industries (up 0.84 per cent) and Petronet LNG (up 0.62 per cent).

Shares of Hindustan Petroleum Corporation (HPCL) (up 0.60 per cent), Castrol India (up 0.25 per cent) and Indraprastha Gas (IGL) (up 0.21 per cent) were also trading with gains in the index.

However, Oil India (down 0.74 per cent), GAIL (India) (down 0.57 per cent), Oil and Natural Gas Corporation (down 0.55 per cent) and Bharat Petroleum Corporation (BPCL) (down 0.29 per cent) were in the red in the oil & gas index around that time.

Equity benchmarks were trading in the green, boosted by easing fears of a global trade war as the White House signalled it would water down plans for contentious metal tariffs.

The BSE Sensex was up 112 points at 33,146, while the NSE Nifty50 index was up 33 points at 10,187.

Among the 50 stocks in the Nifty index, 28 were trading in the green, while 22 were in the red.

ICICI Bank, State Bank of India and HDFC were leading the Sensex index.

However, YES Bank remained in the deep red, plunging nearly 4 per cent in the Sensex index.