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Market Now: Reliance, Oil India boost BSE Oil & Gas index

NEW DELHI: Gains in oil & gas stocks Reliance Industries (up 2.30 per cent), Oil India (up 2.12 per cent) and Indraprastha Gas (up 1.69 per cent) were keeping the sectoral index up in afternoon trade on Tuesday.

The BSE Oil & Gas index was trading 1.13 per cent up at 14,567 around 01:40 pm (IST).

Shares of Indian Oil Corporation (up 1.55 per cent), BPCL (up 1.01 per cent), HPCL (up 0.90 per cent), ONGC (up 0.86 per cent) and GAIL (India) (up 0.54 per cent) were also trading with gains.

Meanwhile, Castrol India (down 0.85 per cent) and Petronet LNG (down 0.21 per cent) were the two stocks that were in the red around the same time.

Benchmark NSE Nifty50 index was up 18 points at 10,602, while the BSE Sensex was up 129 points at 34,580.

YES Bank, Dr Reddy's Labs and HDFC were among the top gainers in the Sensex index.

However, Tata Steel, Wipro, Infosys and TCS were among the top Sensex losers.

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