Nifty Oil & Gas stocks advance with upbeat markets; BPCL, HPCL, Adani Total Gas lift performance

Mahanagar Gas, GAIL, ONGC, Castrol India, IOC, Reliance were also in the fast lane. Oil India was under pressure.

December 31, 2021 1:05 IST | India Infoline News Service
Nifty Oil & Gas stocks were bullish on Friday to go with the upbeat markets. The Index surged 1.4% with Bharat Petroleum, Adani Total Gas, and Hindustan Petroleum topping the gains. Oil India was under pressure.

Indices traded higher on Friday despite mixed global cues. Sensex was at day’s high and Nifty50 was. At around 1.05 pm, BSE Sensex was trading at 58,372.75 up 578.43 points or 1.00% and Nifty50 at 17,389.40 up 185.45 points or 1.08%.

Nifty Oil & Gas was trading at7,368.10 up 95.65 poinst or 1.32% touching a high of 7,375.30 and low of 7,287.55 during intraday trade on Friday.

Bharat Petroleum Corporation Limited surged 2.33% at Rs386.75 per piece. Adani Total Gas was nearly 2% higher at Rs1,715.05 per piece and Hindustan Petroleum was over 1.9% higher at Rs294.15 per piece.

Mahanagar Gas (up 1.73%), GAIL (up 1.57%), ONGC (up 1.51%), Castrol India (up 1.35%) IOC (up 1.31%), Reliance (up 0.9%) were also in the fast lane.

Oil India Limited dragged 2.7% at Rs196.20 per piece to emerge the biggest loser. 

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