Market Now: Oil stocks at gainers' end; BPCL, GAIL climb 1%

NEW DELHI: Oil & gas stocks Bharat Petroleum Corporation (up 1.26 per cent), GAIL (India) (up 0.96 per cent), Oil India (up 0.66 per cent) and Indian Oil Corporation (up 0.56 per cent) were trading up in morning trade on Thursday, keeping the BSE Oil & Gas index in the green zone.

The S&P BSE Oil & Gas index was trading 81 points, or 0.49 per cent, up at 16,494 around 10:35 am (IST).

Shares of Indraprastha Gas (up 0.53 per cent), Oil and Natural Gas Corporation (up 0.51 per cent), Petronet LNG (up 0.42 per cent), Reliance Industries (up 0.28 per cent) and Hindustan Petroleum Corporation (up 0.08 per cent) also joined the gainers' club of the index.


However, shares of Castrol India fell nearly 2 per cent in the index.

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Sun Pharma, Hero MotoCorp and Larsen & Toubro advanced over 1 per cent in the Sensex index.

However, Mahindra & Mahindra cracked over 3 per cent in the Sensex index, followed by ICICI Bank, Infosys and Hindustan Unilever, each declining up to 1 per cent.