Share market update: OMCs trade in the red; ONGC falls nearly 5%

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

Shares of Oil And Natural Gas Corporation (down 4.84 per cent), Indian Oil Corporation (down 4.20 per cent), Hindustan Petroleum Corporation (down 3.72 per cent) and Gujarat State Petronet (down 3.61 per cent) were the top losers in the index.

Bharat Petroleum Corporation (down 3.17 per cent), Petronet LNG (down 1.71 per cent), Castrol India (down 1.67 per cent) and GAIL (India) (down 1.66 per cent) too were trading lower.