Share market update: Nifty Energy Index down; IOC dips 2%

NEW DELHI: The Nifty Energy index was trading lower in Monday's afternoon session.

Shares of Oil & Natural Gas Corporation (down 3.19 per cent), Indian Oil Corporation (down 2.78 per cent), Adani Transmissions (down 2.48 per cent), GAIL (India) (down 2.28 per cent), NTPC (down 2.17 per cent), Bharat Petroleum Corporation (down 2.14 per cent), HPCL (down 1.18 per cent), Tata Power Company (down 1.02 per cent) and Reliance Industries (down 0.13 per cent) were the top losers in the index.

The Nifty Energy index was trading 1.04 per cent down at 14892.25 around 11:58 am.

Benchmark NSE Nifty50 index was down 14.50 points at 12098.95 , while the BSE Sensex was down 29.16 points at 41,228.58.

Among the 50 stocks in the Nifty index, 20 were trading in the green, while 29 were in the red.

Shares of Vodafone Idea, YES Bank, LIC Housing Fin, SBI, SAIL, Tata Motors, ONGC, Bharti Airtel, GAIL and Ashok Leyland were among the most traded shares on the NSE.