The government controlled oil marketing companies surged after the oil import bill declined to $4.1 billion in May. The sixth monthly price decline in a row also helped the imports in the month to fall.

Indian Oil Corp increased 1.9% to Bharat Petroleum Corp increased 2% to and Hindustan Petroleum added.

Asian Markets Review

The Nikkei 225 Index in Tokyo closed lower 18.51 or 0.19% to 9,939.93, CSI 300 index in China higher 71.43 or 2.26% to 3,237.90.ASX 200 index in Australia decreased 80.90 or 2.05% to 3,874.00.The KL Composite index in Malaysia closed higher 4.16 or 0.39% to 1,079.40.The Markets of Hong Kong were closed today.

The Kospi Index in South Korea increased 21.59 or 1.55% to close at 1,411.66.JSE Index in Indonesia increased 33.10 or 1.63% to 2,059.88. The Sensex index in India increased 151.63 or 1.05% to 14,645.47. The Markets of Thailand were closed today.