Stock market update: OMCs climb up to 5%; HPCL, BPCL, ONGC top gainers

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of most oil marketing companies (OMCs) were trading with gains in afternoon trade on Wednesday, keeping the sectoral index
in the positive zone. The BSE Oil Gas index was trading 1.2 per cent up at 14,972 around 01:15 pm
HPCL (up 4.77 per cent), BPCL (up 3.08 per cent), Indian Oil Corporation (up 2.41 per cent) and ONGC (up 2.23 per cent) were the top
gainers in the oil gas index. Oil India (up 0.72 per cent), Petronet LNG (up 0.07 per cent) and GAIL (India) (up 0.07 per cent) were in the
green zone
Reliance Industries (down 1.28 per cent), Castrol India (down 1.07 per cent) and Indraprastha Gas (down 0.38 per cent), however, were in
the red
Benchmark BSE Sensex was 198 points down at 36,329, while the NSE Nifty50 index was down 53 points at 10,955
Among the 50 stocks in the Nifty index, 20 were trading in the green, while 30 were in the red
In the Sensex index, 15 stocks were in the red and 16 in the green. MM, TCS, Axis Bank and Asian Paints were among the top losers in the
Sensex index
YES Bank, Vedanta, Coal India, ONGC and Tata Steel were leading among Sensex scrips.