Four oil exploration and production firms fell 0.44% to 3.61% at 12:45 IST on BSE after steep fall in global crude oil prices yesterday, 7 December 2015.
Cairn India (down 3.61% at Rs 130.75), Oil India (down 3.51% at Rs 373.50), ONGC (down 3.26% at Rs 216.80) and Reliance Industries (down 0.44% at Rs 949.50) edged lower.
Meanwhile, the S&P BSE Sensex was down 109.50 points or 0.43% at 25,420.61
In the global commodities markets, Brent for January settlement was currently up 24 cents at $40.97 a barrel. The contract had tumbled $2.27 a barrel or 5.27% to settle at $40.73 a barrel during the previous trading session.
Lower crude oil prices would result in lower realization from crude sales for oil exploration firms.
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