Oil and Gas shares slide

Oil and Gas stocks were trading with losses, with the BSE Oil & Gas index falling 602.81 points or 1.9% at 31102.99 at 13:42 IST.

Among the components of the BSE Oil & Gas index, Oil & Natural Gas Corpn Ltd (down 4.27%), Petronet LNG Ltd (down 4.18%),GAIL (India) Ltd (down 2.89%),Hindustan Petroleum Corporation Ltd (down 2.46%),Indraprastha Gas Ltd (down 2.45%), were the top losers. Among the other losers were Adani Total Gas Ltd (down 1.69%), Bharat Petroleum Corporation Ltd (down 1.06%), Indian Oil Corporation Ltd (down 0.79%), and Reliance Industries Ltd (down 0.14%).

On the other hand, Oil India Ltd (up 0.9%), moved up.

At 13:42 IST, the BSE SmallCap was down 522.77 or 0.93% at 55455.09.

The BSE 150 MidCap Index index was down 71.13 points or 0.43% at 16513.35.

The Nifty 50 index was up 56.85 points or 0.23% at 24909.

The BSE Sensex index was up 295.07 points or 0.36% at 81479.

On BSE,1477 shares were trading in green, 2492 were trading in red and 151 were unchanged.

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