Home Market Market Now: BPCL, IGL keep BSE Oil & Gas index up

Market Now: BPCL, IGL keep BSE Oil & Gas index up


NEW DELHI: Gains in shares of Bharat Petroleum Corporation (BPCL) (up 2.34 per cent) and Indraprastha Gas (IGL) (up 1.43 per cent) were keeping the sectoral index in the green during Thursday's trade.

The BSE Oil & Gas index was trading 0.24 per cent up at 15,543 around 11 am (IST).

Shares of Hindustan Petroleum Corporation (up 0.38 per cent) and Castrol India (up 0.07 per cent) were also slightly up.

However, shares of Petronet LNG (down 1.24 per cent), Oil India (down 0.94 per cent), GAIL (India) (down 0.61 per cent), Reliance Industries (down 0.12 per cent), Oil and Natural Gas Corporation (down 0.11 per cent) and Indian Oil Corporation (down 0.03 per cent) were in the red in the index around that time.

Equity benchmarks were down, tracking global cues. Investors were cautious after the fiscal deficit data reached at 113.7 per cent of the full year's target.

Benchmark NSE Nifty50 index was 4 points down at 10,489, while the BSE Sensex was 41 points down at 34,143.

Among the 50 stocks in the Nifty50 index, 27 were trading in the green, while 23 were in the red.

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