Share market update: OMCs trade in the red; IGL, BPCL 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 Indraprastha Gas (down 2.12 per cent), Bharat Petroleum Corporation (down 1.97 per cent), GAIL (India) (down 1.94 per cent) and Gujarat State Petronet (down 1.39 per cent) were the worst performers in the index.

Castrol India (down 1.16 per cent), Hindustan Petroleum Corporation (down 0.27 per cent), Oil And Natural Gas Corporation (down 0.15 per cent) and Petronet LNG (down 0.02 per cent) too were trading lower.


The S&P BSE Oil & Gas index was trading 0.56 per cent down at 14,293.24 around 11:08 am.

Benchmark NSE Nifty50 index was down 108.90 points at 11,479.30 while the BSE Sensex was down 381.90 points at 38,715.24.

Among the 50 stocks in the Nifty index, 12 were trading in the green, while 38 were in the red.

Shares of Varun Beverages, YES Bank, IDBI Bank, Au Small Finance Bank, NCC, Vodafone Idea, Zee Ent., Adani Power, Ashok Leyland and GMR Infra were among the most traded securities on the NSE.