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Oil and Gas stocks edge higher

Business Finance

Capital Market 

Oil and Gas stocks were trading in green, with the S&P BSE Oil&Gas index increasing 172.79 points or 1.6% at 10952.22 at 09:53 IST.

Among the components of the S&P BSE Oil&Gas index, Bharat Petroleum Corporation Ltd (up 2.85%), GAIL (India) Ltd (up 2.44%),Hindustan Petroleum Corporation Ltd (up 2.39%),Reliance Industries Ltd (up 2.03%),Oil & Natural Gas Corpn Ltd (up 1.56%), were the top gainers. Among the other gainers were Indian Oil Corporation Ltd (up 1.53%), Indraprastha Gas Ltd (up 1.34%), and Petronet LNG Ltd (up 0.31%).

On the other hand, Castrol India Ltd (down 2.12%), and Gujarat State Petronet Ltd (down 0.67%) turned lower.

At 09:53 IST, the S&P BSE Sensex was up 315.33 or 1.04% at 30511.5.

The Nifty 50 index was up 90.55 points or 1.02% at 8969.65.

The S&P BSE Small-Cap index was up 35.42 points or 0.34% at 10390.6.

The S&P BSE 150 Midcap Index index was up 23.04 points or 0.63% at 3687.79.

On BSE,794 shares were trading in green, 546 were trading in red and 73 were unchanged.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 20 2020. 10:00 IST