Share market update: OMCs trade in the red; HPCL, IOC among top losers

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Most OMCs were in the red in Wednesday's afternoon session with its sectoral index on BSE trading lower. Shares of Hindustan
Petroleum Corporation (down 1.90 per cent) , Indian Oil Corporation (down 1.73 per cent) , Bharat Petroleum Corporation (down 1.71 per cent)
and Petronet LNG (down 1.08 per cent) were the top losers in the index
Reliance Industries (down 0.52 per cent), Oil India (down 0.37 per cent) and Oil And Natural Gas Corporation (down 0.30 per cent) were
trading in the red
The SP BSE Oil Gas index was trading 0.65 per cent down at 13,560.21 around 12:18 pm
Benchmark NSE Nifty50 index was down 46.35 points at 10,788.95 while the BSE Sensex was down 108.98 points at 35,864.73
Among the 50 stocks in the Nifty index, 16 were trading in the green, while 34 were in the red
Shares of Suzlon Energy, Reliance Communications, Reliance Power, YES Bank, Adani Power, NALCO, Ashok Leyland, DHFL, PC Jeweller and
Infibeam Avenues were among the most traded shares on the NSE.