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HomeUncategorizedSensex Ends Lower; ONGC, Reliance Fall

Sensex Ends Lower; ONGC, Reliance Fall

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The BSE Sensex ended lower on Thursday as oil explorers such as Reliance Industries and Oil and Natural Gas Corp. fell sharply after the government deferred a decision to hike prices of locally produced gas, while the expiry of monthly derivatives contracts also weighed on sentiment.

The benchmark BSE Sensex provisionally closed 0.99 per cent lower at 25,062.67 points, while the broader Nifty ended down 1 per cent at 7,493.20 points.

Shares in Reliance closed down 3.16 per cent while ONGC ended 5.28 per cent lower.

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