Home Market Share market update: Oil & gas top sectoral loser on BSE

Share market update: Oil & gas top sectoral loser on BSE


NEW DELHI: The oil & gas index finished Thursday's session as the top loser among the sectoral indices on BSE.

The BSE Oil & Gas index closed the day 2.51 per cent down at 13,291, with all components in the red.

HPCL (down 5.56 per cent) led the pack of losers in the index, followed by BPCL (4.54 per cent) and Indraprastha Gas (4.19 per cent).

Oil India (3 per cent), GAIL (2.44 per cent) and Reliance Industries (2.13 per cent) cracked up to 3 per cent.

Castrol India (1.90 per cent), ONGC (1.34 per cent), Indian Oil Corporation (1.28 per cent) and Petronet LNG (0.39 per cent) fell in that order.

Indian shares extended losses to the second consecutive day on the last day of June futures and options derivatives contracts.

Sustained selling was observed in bank, auto, metal, Oil & gas, energy and financial stocks.

Market sentiment remained subdued in the backdrop of falling rupee and surging crude oil prices.

The Sensex index cracked by 179 points, or 0.51 per cent, finishing at 35,038, with 10 stocks advancing and 21 stocks declining.

The Nifty50 wound up Thursday's session down by 82 points, or 0.77 per cent, at 10,589, with 14 stocks in the green and 36 in the red.

ICICI Bank, Tata Motors and Coal India led the pack of Sensex losers.

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