INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Most oil gas stocks were incurring losses during afternoon trade on Friday, keeping the sectoral index down.
The BSE Oil Gas
index was trading 0.69 per cent down at 14,460 around 01:45 pm with Castrol India (down 4.55 per cent) as the top loser.
BPCL (down 1.83 per
cent), Petronet LNG (down 1.69 per cent), HPCL (down 1.44 per cent) and Oil India (down 0.95 per cent) also featured among the top losers in
the oil gas index.
Shares of GAIL (India) (down 0.60 per cent) and Indian Oil Corporation (down 0.46 per cent) were also under
pressure.
Meanwhile, shares of Indraprastha Gas (up 1.40 per cent) were witnessing decent rise in their value.
ONGC and Reliance Industries
were nearly flat around that time
Benchmark BSE Sensex was 141 points down at 35,322, while the NSE Nifty50 index was down 42 points at 10,726.
Among the 50 stocks in the
Nifty index, 17 were trading in the green, while 33 were in the red
In the Sensex index, 10 stocks were up and 21 were down.
Sun Pharma, Dr Reddy's Labs and Tata Motors were at the top in the Sensex
index.
Power Grid Corporation, HDFC and ICICI Bank were among the top losers in the Sensex index.
