Today, BSE Oil & Gas Index Was Trading 0.78 Per Cent Down At 14,448 Around
In Wednesday’s session, losses in shares of BPCL, HPCL and Indian Oil Corporation dragged the BSE Oil & Gas index down. At around 01:20 pm, the BSE Oil & Gas index was trading 0.78 per cent down at 14,448.
Some other shares those were down today are Petronet LNG, Oil India and GAIL.
On the other hand, Indraprastha Gas, Castrol India, ONGC and Reliance Industries were in the green, capping the fall of the sectoral index.
Amid weak Asian cues, wobbly crude oil price and rupee’s fresh fall weighed on domestic market sentiment.
Benchmark BSE Sensex was up 65 points at 37,478, while the NSE Nifty50 index was up 10 points at 11,297.
Amongst the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red.
In the Sensex index, 16 stocks were advancing and 15 were declining.
Sun Pharma, Powergrid and ITC were leading the pack of Sensex gainers. Axis Bank, Tata Motors, Mahindra & Mahindra and ICICI Bank, however, were experiencing selling pressure