HPCL (up 0.69%), Indian Oil Corporation (up 0.59%) and BPCL (up 0.19%), edged higher.
The S&P BSE Sensex was up 8.57 points, or 0.04% at 19,186.50.
Petrol price was hiked for the second time this month, as devaluation of rupee against US dollar made imports costlier. The hike is excluding local sales tax or VAT and actual increase for consumers will be higher.
Petrol price in Delhi was hiked by Rs 2.40 a litre to Rs 66.39 from Rs 63.99 previously.
Earlier PSU OMCs hiked retail selling prices of petrol by Rs 0.75 per litre and increased retail selling price of diesel by Rs 0.50 per litre with effect from 1 June 2013.
PSU OMCs suffer under recoveries on domestic sale of diesel, LPG and kerosene at controlled prices. In January 2013, the government allowed PSU OMCs to raise diesel prices in small measures at regular intervals while completely deregulating diesel prices sold to institutional or bulk buyers. The government has already freed pricing of petrol.
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