INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Oil gas stocks were trading mixed during afternoon trade on Monday.
Shares of Indraprastha Gas (up 1.70 per cent), Oil India (up
1.60 per cent) and Reliance Industries (up 1.16 per cent) were the top gainers.
HPCL (up 0.87 per cent), Petronet LNG (up 0.44 per cent) and
Castrol India (up 0.09 per cent) were also in the green.
However, GAIL (India) (down 2.04 per cent), ONGC (down 0.58 per cent), BPCL (down
0.31 per cent) and Indian Oil Corporation (down 0.17 per cent) were incurring losses around that time.
The BSE Oil Gas index was trading
0.08 per cent up at 14,354 around 01:20 pm.
Equity markets were trading in the negative zone on selling in bank, realty, financial, auto and
FMCG stocks.
Investors restricted their bets ahead of RBI's monetary policy review meeting that concludes tomorrow.
Benchmark BSE Sensex was
131 points down at 35,096, while the NSE Nifty50 index was down 43 points at 10,653
Among the 50 stocks in the Nifty index, 15 were trading in the green, while 35 were in the red
In the Sensex kitty of stocks, 12 stocks were trading up, while 19 were down.
Dr Reddy's Labs, Tata Steel and YES Bank were among the top
gainers in the Sensex index.
On the other hand, Asian Paints, HDFC Bank and Bharti Airtel were among the top losers in the Sensex kitty of