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

NEW DELHI: Oil & gas stocks Hindustan Petroleum Corporation (up 1.48 per cent), Bharat Petroleum Corporation (up 0.93 per cent), Petronet LNG (up 0.51 per cent), Indian Oil Corporation (up 0.24 per cent) and Reliance Industries (up 0.04 per cent) were trading up in Thursday's trade.

The S&P BSE Oil & Gas index was trading 0.14 per cent up at 16,094 around 10:55 am (IST).

However, Oil India (down 1.28 per cent), GAIL (India) (down 0.96 per cent), Oil and Natural Gas Corporation (down 0.46 per cent), Indraprastha Gas (down 0.22 per cent) and Castrol India (down 0.09 per cent) were trading in the negative zone around that time.

Equity benchmarks turned negative, giving up the gains of early session.

Benchmark NSE Nifty50 index was 9 points down at 10,184, while the BSE Sensex was 39 points down at 33,014.

Among the 50 stocks in the Nifty index, 25 were trading in the green, while 25 were in the red.

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Dr Reddy's Labs, Mahindra and Mahindra, Lupin, Axis Bank and Infosys were trading among the top gainers in the Sensex index.

However, Tata Consultancy Services, Power Grid Corporation, Sun Pharma, Hindustan Unilever and Kotak Mahindra Bank were among the losers in the Sensex kitty.