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GAIL Gas Ltd and Confidence Petroleum India Ltd sign agreement to set up 100 CNG stations on BOT basis in Bengaluru City

GAIL Gas Ltd and Confidence Petroleum India Ltd sign agreement to set up 100 CNG stations on BOT basis in Bengaluru City
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Energy shares fall

Energy stocks were trading in the negative zone, with the S&P BSE Energy index falling 70.96 points or 1.05% at 6675.69 at 13:48 IST. Among the components of the S&P BSE Energy index, Aegis Logistics Ltd (down 4.21%), Selan Explorations Technology Ltd (down 2.18%),Gujarat Mineral Development Corporation Ltd (down 2.1%),Castrol India Ltd (down 2.05%),Confidence Petroleum India Ltd (down 1.89%), were the top losers. Among the other losers were Gujarat Gas Ltd (down 1.68%), Mangalore Refinery And Petrochemicals Ltd (down 1.63%), Petronet LNG Ltd (down 1.54%), Reliance Industries Ltd (down 1.53%), and Hindustan Oil Exploration Company Ltd (down 0.93%). On the other hand, Indian Oil Corporation Ltd (up 2.43%), Adani Total Gas Ltd (up 2.24%), and Bharat Petroleum Corporation Ltd (up 1.78%) moved up.

Energy stocks edge higher

Energy stocks were trading in green, with the S&P BSE Energy index increasing 148.57 points or 2.2% at 6900.9 at 09:48 IST. Among the components of the S&P BSE Energy index, Hindustan Oil Exploration Company Ltd (up 9.44%), Selan Explorations Technology Ltd (up 8.56%),Chennai Petroleum Corporation Ltd (up 6.64%),Oil & Natural Gas Corpn Ltd (up 5.79%),Oil India Ltd (up 3.89%), were the top gainers. Among the other gainers were Adani Total Gas Ltd (up 3.76%), Mangalore Refinery And Petrochemicals Ltd (up 3.18%), Coal India Ltd (up 3.11%), Gujarat Gas Ltd (up 3.02%), and Confidence Petroleum India Ltd (up 2.97%). At 09:48 IST, the S&P BSE Sensex was up 347.56 or 0.69% at 50752.88.

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