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Oil and Gas shares slide

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.

Utilties stocks edge higher

Read more about Utilties stocks edge higher on Business Standard. Utilties stocks were trading in green, with the S&P BSE Utilities index increasing 29.98 points or 1.4% at 2171.15 at 09:48 IST.

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