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Share market update: OMCs trade in the red; HPCL dips 1%

NEW DELHI: OMCs were trading in the red in Thursday’s session with their sectoral index on BSE trading lower.

Shares of Indian Oil Corporation (down 1.8 per cent) , Indraprastha Gas (down 0.91 per cent) , Oil & Natural Gas Corporation (down 0.79 per cent) , GAIL (India) (down 0.75 per cent) , HPCL (down 0.67 per cent) , Petronet LNG (down 0.4 per cent) and Gujarat State Petronet (down 0.14 per cent) were the top losers in the index.

The S&P BSE Oil & Gas index was trading 0.5 per cent down at 14636.1 around 10:57 am.

Benchmark NSE Nifty50 index was down 17.70 points at 12196.85 , while the BSE Sensex was down 48.62 points at 41412.64 .

Among the 50 stocks in the Nifty index, 19 were trading in the green, while 30 were in the red.

Shares of YES Bank, SAIL, PNB, Bank of Baroda, JSPL, Tata Steel, BHEL and Vedanta were among the most traded shares on the NSE.

Source: Economic Times