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Market Now: BPCL, ONGC keep oil gas index in the green

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NEW DELHI: Gains in BPCL (up 1.49 per cent), GAIL (India) (up 1.28 per cent) and ONGC (up 1.19 per cent) were keeping the oil gas index up in Monday's trade.The BSE Oil Gas index was trading 0.29 per cent up at 14,341 around 11:40 am.Shares of HPCL (up 0.56 per cent) and Indian Oil Corporation (up 0.21 per cent) were also trade with small gains.

However, Castrol India (down 2.32 per cent) and Indraprastha Gas (down 1.72 per cent) were the top losers in the oil gas index.Shares of Reliance Industries (down 0.65 per cent) and Petronet LNG (down 0.23 per cent) were also facing the heat of selling.Meanwhile, shares of Oil India were trading almost flat.Market sentiment was subdued on selling in all sectors, led by metal, pharma, realty and auto.Surging oil prices and falling rupee hit market mood.

IT, PSU bank and FMCG, however, were catching buyers' attention.

The BSE Sensex was 117 points down at 34,731, while the NSE Nifty50 index was down 46 points at 10,550.In the Sensex index, 10 stocks were in the green, while 21 were in the red.TCS, ICICI Bank, Coal India and State Bank of India climbed over 1 per cent in the Sensex index.




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