With effect from 01 April 2020Mangalore Refinery And Petrochemicals announced that Shashi Shanker
(DIN:06447938), Chairman/Director - MRPL, has resigned from the Board of MRPL w.e.f. 01 April 2020 consequent to his superannuation from the services of Oil and Natural Gas Corporation as Chairman & Managing Director on 31 March 2021.
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Stock Market Highlights: Sensex ends 562 pts lower at 49,801, Nifty at 14,721; Reliance, SBI, ONGC top losers
Stock Market News Update Today: The BSE Sensex closed 562.34 points or 1.12 per cent lower at 49,801.62, and the NSE Nifty ended at 14,721.30, down by 189.15 points or 1.27 per cent
BusinessToday.In | March 17, 2021 | Updated 17:13 IST
Share Market Live News: Reliance Industries, State Bank of India, Asian Paints, Kotak Mahindra Bank, Bajaj Finance were top losers
Indian benchmark indices ended lower for the fourth consecutive session on Wednesday, weighed down by sharp losses in oil and gas and PSU stocks as well as weak global cues. The BSE Sensex closed 562.34 points or 1.12 per cent lower at 49,801.62, and the NSE Nifty ended at 14,721.30, down by 189.15 points or 1.27 per cent. The broader markets underperformed the BSE benchmark as midcap and smallcap indices declined 2.33 per cent and 2.16 per cent, respectively. Caution prevailed in the market ahead of US
Oil and Gas stocks were trading in the negative zone, with the S&P BSE Oil&Gas index falling 327.42 points or 2.08% at 15390.26 at 13:48 IST. Among the components of the S&P BSE Oil&Gas index, Bharat Petroleum Corporation Ltd (down 4.23%), Petronet LNG Ltd (down 2.58%),GAIL (India) Ltd (down 2.27%),Oil & Natural Gas Corpn Ltd (down 2.22%),Gujarat State Petronet Ltd (down 2.19%), were the top losers. Among the other losers were Indian Oil Corporation Ltd (down 1.64%), Reliance Industries Ltd (down 1.54%), Hindustan Petroleum Corporation Ltd (down 1.24%), Castrol India Ltd (down 0.75%), and Indraprastha Gas Ltd (down 0.35%).
At 13:48 IST, the S&P BSE Sensex was down 141.55 or 0.28% at 50222.41.
Bharat Petroleum Corporation Ltd has added 5.48% over last one month compared to 5.83% gain in S&P BSE Oil&Gas index and 3.22% drop in the SENSEX
Bharat Petroleum Corporation Ltd lost 2.6% today to trade at Rs 442. The S&P BSE Oil&Gas index is down 0.63% to quote at 15618.56. The index is up 5.83 % over last one month. Among the other constituents of the index, Hindustan Petroleum Corporation Ltd decreased 1.3% and Oil & Natural Gas Corpn Ltd lost 1.26% on the day. The S&P BSE Oil&Gas index went up 54.05 % over last one year compared to the 65.07% surge in benchmark SENSEX.
Bharat Petroleum Corporation Ltd has added 5.48% over last one month compared to 5.83% gain in S&P BSE Oil&Gas index and 3.22% drop in the SENSEX. On the BSE, 1.33 lakh shares were traded in the counter so far compared with average daily volumes of 13.44 lakh shares in the past one month. The stock hit a record high of Rs 482.4 on 02 Mar 2021. The stock hit a 52-week low of Rs 252 on 24 Mar 2020.
The BelNIPIneft Institute of the Belarusian industrial group Belorusneft has completed a project for the Indian company Oil And Natural Gas Corporation (ONGC). As part of the project BelNIPIneft specialists developed recipes for surface-active reagents able to increase oil recovery.