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Energy stocks rise

Energy stocks were trading with gains, with the S&P BSE Energy index increasing 87.27 points or 1.27% at 6962.86 at 09:49 IST. Among the components of the S&P BSE Energy index, Mangalore Refinery And Petrochemicals Ltd (up 4.26%), Selan Explorations Technology Ltd (up 3.86%),Oil & Natural Gas Corpn Ltd (up 2.68%),Oil India Ltd (up 1.81%),Hindustan Petroleum Corporation Ltd (up 1.8%), were the top gainers. Among the other gainers were Adani Total Gas Ltd (up 1.55%), Chennai Petroleum Corporation Ltd (up 1.53%), Gujarat Mineral Development Corporation Ltd (up 1.37%), Hindustan Oil Exploration Company Ltd (up 1.32%), and Confidence Petroleum India Ltd (up 1.32%). On the other hand, Aegis Logistics Ltd (down 0.15%), turned lower.

Oil and Gas shares gain

Oil and Gas stocks were trading in the positive zone, with the S&P BSE Oil&Gas index rising 209.63 points or 1.27% at 16681.94 at 09:49 IST. Among the components of the S&P BSE Oil&Gas index, Gujarat State Petronet Ltd (up 2.86%), Oil & Natural Gas Corpn Ltd (up 2.68%),Hindustan Petroleum Corporation Ltd (up 1.8%),Indian Oil Corporation Ltd (up 1.24%),Reliance Industries Ltd (up 1.2%), were the top gainers. Among the other gainers were Petronet LNG Ltd (up 0.81%), Bharat Petroleum Corporation Ltd (up 0.76%), Castrol India Ltd (up 0.67%), and GAIL (India) Ltd (up 0.63%). On the other hand, Indraprastha Gas Ltd (down 0.41%), moved lower. At 09:49 IST, the S&P BSE Sensex was up 210.14 or 0.4% at 52147.58.

Energy stocks rise

Oil and Gas stocks edge higher

Oil & Natural Gas Corpn Ltd spurts 2 08%, rises for third straight session

Oil & Natural Gas Corpn Ltd is quoting at Rs 115.4, up 2.08% on the day as on 12:49 IST on the NSE. The stock is up 49.87% in last one year as compared to a 68.86% gain in NIFTY and a 56.67% gain in the Nifty Energy index. Oil & Natural Gas Corpn Ltd rose for a third straight session today. The stock is quoting at Rs 115.4, up 2.08% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.32% on the day, quoting at 15246.25. The Sensex is at 50754.63, up 0.2%. Oil & Natural Gas Corpn Ltd has added around 12.26% in last one month. Meanwhile, Nifty Energy index of which Oil & Natural Gas Corpn Ltd is a constituent, has added around 10.97% in last one month and is currently quoting at 19583.55, up 0.16% on the day. The volume in the stock stood at 186.89 lakh shares today, compared to the daily average of 293.35 lakh shares in last one month.

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