MUMBAI: The market is being weighed down by different sectors from time to time in today’s trade. An hour to the close, it was the turn of oil and gas shares to drag the indices lower.
At 2:33 pm, the BSE Oil & Gas Index was down 437.84 points or 3.92 per cent at 10,743.93, with BPCL (down 6.48%), Reliance Natural Resources (5.26%), Reliance Petroleum (5.10%), proving a drag. Cairn India, Essar Oil, GAIL India, HPCL, Indian Oil and Reliance Industries were down around 4 per cent.
Consumer durables too were found flagging, with the BSE CD Index weaker by 168.13 points or 3.19 per cent at 5,110.55.
FMCG shares proved not so fast moving as the BSE FMCG Index declined 3.14 per cent to 2,136.42.
Hindustan Unilever was the main culprit among peers, down 4.44 per cent. ITC followed with a loss of 3.53 per cent and United Spirits down 3.13 per cent. GlaxoSmitKline Consumer, United Breweries, REI Agro were down more than 2 per cent.
At 2:33 pm, the BSE Oil & Gas Index was down 437.84 points or 3.92 per cent at 10,743.93, with BPCL (down 6.48%), Reliance Natural Resources (5.26%), Reliance Petroleum (5.10%), proving a drag. Cairn India, Essar Oil, GAIL India, HPCL, Indian Oil and Reliance Industries were down around 4 per cent.
Consumer durables too were found flagging, with the BSE CD Index weaker by 168.13 points or 3.19 per cent at 5,110.55.
FMCG shares proved not so fast moving as the BSE FMCG Index declined 3.14 per cent to 2,136.42.
Hindustan Unilever was the main culprit among peers, down 4.44 per cent. ITC followed with a loss of 3.53 per cent and United Spirits down 3.13 per cent. GlaxoSmitKline Consumer, United Breweries, REI Agro were down more than 2 per cent.
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