Share market update: OMCs trade in the red; GSPL, ONGC among top losers

NEW DELHI: OMCs were trading in the red in Wednesday’s session with their sectoral index on BSE trading lower.

Shares of Gujarat State Petronet (down 1.36 per cent), Oil And Natural Gas Corporation (down 1.15 per cent) and Reliance IndustriesNSE 2.42 % (down 0.85 per cent) were the top losers in the index.

Petronet LNG (down 0.14 per cent), Indian Oil Corporation (down 0.13 per cent) and Bharat Petroleum Corporation (down 0.09 per cent) too were trading lower.

The S&P BSE Oil & Gas index was trading 0.13 per cent down at 14,526.89 around 11:02 am.

Benchmark NSE Nifty50 index was up 5.80 points at 11,132.20 while the BSE Sensex was up 5.71 points at 37,537.69.

Among the 50 stocks in the Nifty index, 28 were trading in the green, while 21 were in the red.