By Debdeep Gupta | 04 Jun, 2024
ONGC, Indian Oil, Adani Total Gas bleed as investors cash out; Nifty Oil & Gas slips 5%
Oil and Gas stocks bled on June 4 as investors rushed to book profits after the sharp rally in the previous session. The Nifty Oil & Gas index slipped over 5 percent in early trade with losses led by Adani Total Gas which nosedived over 10 percent.Shares of ONGC, Gail India, and other PSUs in the sector including HPCL, Indian Oil, and BPCL also fell to 7 percent on profit-taking.The Nifty Oil & Ga...