Major Sensex gainers on Wednesday were: Hindustan Univelever, up 2.40; Tata Motors DVR, up 1.Sector-wise, the SP BSE oil and gas index gained 209.36 per cent at Rs 2,681.70, Hero MotoCorp, down 0.34 per cent at Rs 287.10; Mahindra and Mahindra (MM), down 0.Mumbai, July 12 (IANS) Expectations of robust quarterly results, along with healthy buying in energy sector stocks pushed the Indian equity markets higher on Wednesday.48 per cent at Rs 3,731.Despite the expectation of soft inflation in the backdrop of good monsoon, any dip in CPI could be seen from a growth angle, especially with initial GST hassles in the backdrop.The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 31,813.

According to market observers, gains were capped due to investors reluctance to further invest in expensive market conditions and caution over the upcoming macro-economic inflation and industrial production data points.10 points up 30.73 points or 0.10 per cent at Rs 275; and ICICI Bank, up 1. In investments, provisional data with the exchanges showed that foreign institutional investors (FIIs) bought stocks worth Rs 361.The wider Nifty of the National Stock Exchange (NSE) closed at a new high of 9,816.68 points and the automobile index by 68.25 crore while domestic institutional investors (DIIs) divested Rs 330.85; State Bank of India (SBI), up 1.33 per cent at Rs 2,439.60, ITC, down 0.97 per cent at Rs 1,376.04 per cent at Rs 292.09 points. Oil and gas sectors stocks gained the most followed by auto, telecom, bank, capital goods, whereas IT stocks ended in the red.43 points during the intra-day trade.On the other hand, IT index declined by 38.

Hindustan Unilever, ONGC, ACC and Bharti Infratel gained the most on both indices, while Mahindra and Mahindra as well as TCS were the top losers, said Dhruv Desai, Director and Chief Operating Officer of Tradebulls.Anand James, Chief Market Strategist, Geojit Financial heating cable Suppliers Services, said: Domestic indices extended its gains as the oil marketing companies soared on the back of higher crude oil prices, but caution prevailed in the market ahead of the key macro data to be released later today which held the markets in a range.

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