Cairn India dropped 1.53%. India's biggest state-run oil exploration firm by revenue Oil & Natural Gas Corporation (ONGC) fell 0.81%. But, India's second biggest oil and gas exploration firm by revenue, Oil India, rose 0.48%.
Full Story: Oil exploration stocks run out of fuel as crude declines - BloombergUTV
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ONGC underperformed the market over the past one month till 9 March 2010, declining 1.04% as compared to the Sensex's 6.3% rise. It had also underperformed the market in the past one quarter, falling 7.22% as compared to the Sensex's decline of 0.42%.Cairn India underperformed the market over the past one month till 9 March 2010, rising 2.66% as compared to the Sensex's 6.3% rise. It had also underperformed the market in the past one quarter, falling 2.46% as compared to the Sensex's decline of 0.42%.Full Story: Oil exploration stocks run out of fuel as crude declines - BloombergUTV


