NEW DELHI: OMCs were trading in red with SP BSE Oil Gas index down 0.91 per cent at 13,688.95 around 12:09 pm on Wednesday.
Shares of GAIL (India) (down 2.37 per cent), Hindustan Petroleum Corporation (down 2.18 per cent), Castrol India (down 2.01 per cent) and Bharat Petroleum Corporation (down 2 per cent) were worst performers in index.
Oil And Natural Gas Corporation (down 0.81 per cent), Indian Oil Corporation (down 0.54 per cent) and Oil India (down 0.11 per cent) too were among top losers.
Benchmark NSE Nifty50 index was down 36.50 points at 10,873.60 while BSE Sensex was down 98.94 points at 36,155.63.
Among 50 stocks in Nifty index, 16 were trading in green, while 34 were in red.
Shares of Reliance Communications, JP Associates, YES Bank, Ashok Leyland, PNB, Hindustan Construction Company, Bank of Baroda, NCC, Vakrangee and Bank of India were among most traded shares on NSE.