The government is planning to raise about Rs 10,000 crore through a follow-on offer of Bharat-22 ETF in February

The BSE Sensex rose by 33.29 points, or 0.09 per cent, to close at 35,962.93, while the Nifty settled at 10,805.45, up 13.90 points, or 0.13 per cent.

Dragged by sharp selling, index heavyweight Reliance Industries and oil stocks were reeling under pressure with the S&P BSE Oil & Gas index and Nifty Energy index losing 2.14 per cent and 2.56 per cent, respectively.

The dip in crude oil prices will ease the pressure on inflation and current account deficit.

The Cabinet Committee on Economic Affairs on December 6 gave in-principle approval to the acquisition of the government stake in Rural Electrification Corporation by PFC.