Market Now: Oil & gas stocks slip; ONGC, GAIL among top losers
NEW DELHI: Oil & gas stocks Indraprastha Gas (down 3.09 per cent), Oil and Natural Gas Corporation (down 3.02 per cent), GAIL (India) (down 1.79 per cent), Petronet LNG (down 1.57 per cent), Castrol India (down 0.69 per cent) and Reliance Industries (down 0.53 per cent) were trading in the red in afternoon trade on Wednesday.
The S&P BSE Oil & Gas index was trading 0.49 per cent down at 15,593 around 02:05 pm (IST).
Shares of Bharat Petroleum Corporation (up 2.80 per cent), Hindustan Petroleum Corporation (up 1.66 per cent), Oil India (up 0.88 per cent) and Indian Oil Corporation (up 0.55 per cent) were trading up around that time.
Benchmark BSE Sensex was 156 points down at 32,786, while the NSE Nifty50 index was 57 points down at 10,130.
Among the 51 stocks in the Nifty50 index, 13 were trading in the green, while 37 were in the red.
ICICI Bank, Asian Paints, Kotak Mahindra Bank, Tata Consultancy Services, Hero MotoCorp, Infosys and Larsen & Toubro were among the top gainers in the Sensex index.
On the contrary, Sun Pharma, Oil & Natural Gas Corporation, ITC, Tata Steel, Mahindra & Mahindra and Lupin were among the top losers.
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Via:: Economic Times – Stocks