Share market update: OMCs trade in the red; IOC down 2%

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: OMCs were trading in the red with the BSE Oil Gas index down 0.45 per cent at 13,445.83 on Wednesday amid slight rise in global
crude prices. Shares of Indian Oil Corporation (down 1.99 per cent), Oil And Natural Gas Corporation (down 1.06 per cent), Bharat Petroleum
Corporation (down 1.05 per cent) and Indraprastha Gas (down 0.93 per cent) were the top losers in the index
Castrol India (down 0.58 per cent), Hindustan Petroleum Corporation (down 0.45 per cent) and Oil India (down 0.27 per cent) too were among
the top laggards
Benchmark NSE Nifty50 index was up 50.20 points at 10,735.8 while BSE Sensex was up 220.71 points at 35,733.85 around 10:06 am
Among the 50 stocks in the Nifty index, 32 were trading in the green, while 18 were in the red
Shares of YES Bank, South Indian Bank, Dewan Housing, JP Associates, Arvind, PC Jeweller, Reliance Communications, RIL, Suzlon Energy and
Infibeam Avenues were among the most traded shares on the National Stock Exchange.