Share market update: BSE Oil & Gas index down; GAIL, HPCL among top losers

NEW DELHI: OMCs were trading in the red in Wednesday's session with their sectoral index on BSE trading lower.

Shares of GAIL (India) (down 3.34 per cent) , Hindustan Petroleum Corporation (down 1.66 per cent) and Indian Oil Corporation (down 0.92 per cent) were trading with losses.


Bharat Petroleum Corporation (down 0.45 per cent) , Indraprastha Gas (down 0.34 per cent) and Petronet LNG (down 0.32 per cent) too were trading lower.

The S&P BSE Oil & Gas index was trading 0.28 per cent down at 15,271.60 around 10:55 am.

Benchmark NSE Nifty50 index was down 12.80 points at 11,900.65 while the BSE Sensex was down 43.40 points at 40,301.68.

Among the 50 stocks in the Nifty index, 18 were trading in the green, while 32 were in the red.

Shares of Vodafone Idea, YES Bank, PowerGrid, BHEL, Ashok Leyland, L&T Fin Holding, NCC, GMR Infra and SAIL were among the most traded shares on the NSE.