Meanwhile, the BSE Sensex was down 60.71 points, or 0.38%, to 16,091.88 India's second biggest oil and gas exploration firm by revenue, Oil India, declined 0.24% to Rs 1159.75. Cairn India dropped 1.14% to Rs 260. India's biggest state-run oil exploration firm by revenue Oil & Natural Gas Corporation (ONGC) fell 1.32% to Rs 1085.65.
On BSE, Oil India reported volumes of 3,753 shares, ONGC clocked volumes of 52,870 shares and Cairn India notched volumes of 86,689 shares. ONGC underperformed the market over the past one month till 11 February 2010, declining 9.48% as compared to the Sensex's 7.84% fall. It had also underperformed the market in the past one quarter, falling 4.38% as compared to the Sensex's decline of 4.14%.
Full Story: Oil stocks run out of fuel as crude drops - BloombergUTV
On BSE, Oil India reported volumes of 3,753 shares, ONGC clocked volumes of 52,870 shares and Cairn India notched volumes of 86,689 shares. ONGC underperformed the market over the past one month till 11 February 2010, declining 9.48% as compared to the Sensex's 7.84% fall. It had also underperformed the market in the past one quarter, falling 4.38% as compared to the Sensex's decline of 4.14%.
Full Story: Oil stocks run out of fuel as crude drops - BloombergUTV
