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Stock market update: OMCs trade mixed; RIL, ONGC climb 1%

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NEW DELHI: Shares of oil marketing companies (OMCs) were trading mixed in Monday's session. Oil India (up 1.59 per cent), Reliance Industries (IL) (up 1.04 per cent) and ONGC (up 0.90 per cent) were the gainers among the OMC stocks. However, Castrol India (down 1.70 per cent), Indraprastha Gas (down 1.35 per cent), GAIL (India) (down 1.17 per cent), Indian Oil Corporation (down 0.62 per cent) and HPCL (down 0.27 per cent) were trading in the negative territory. Shares of BPCL and Petronet LNG were trading almost flat. The BSE Oil Gas index was trading 0.11 per cent up at 15,223 around 12:25 pm.

Gains in select bank, energy, metal and auto stocks were keeping the benchmark indices in the higher territory. ICICI Bank, Reliance Industries, Axis Bank, Maruti and Coal India were among the key drivers of the rally in the Sensex index. The BSE Sensex was up 177 points at 37,733, while the NSE Nifty50 index was up 37 points at 11,398. In the Sensex kitty, 20 stocks were advancing, while 11 stocks were declining in trade. Hindustan Unilever, Kotak Mahindra Bank and Sun Pharma declined over 1 per cent in the Sensex index.




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Category: Stock Market


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