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Reliance, ONGC fall on gas price hike delay worries

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Reuters MUMBAI

MUMBAI (Reuters) - Shares of oil and gas producers fell in early trading on Tuesday after the the election commission asked the government to defer a planned hike in gas prices due to start on April 1.

Reliance Industries fell more than 3 percent, while state-run Oil and Natural Gas Corp fell nearly 2.5 percent.

(Reporting by Abhishek Vishnoi; Editing by Rafael Nam)

 

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First Published: Mar 25 2014 | 12:37 PM IST

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