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Oil & Gas stocks tumble as crude regains $105; MGL, IGL, BPCL drop up to 4%
Among the index constituents, Mahanagar Gas fell around 4.5 per cent, followed by IOCL, BPCL, Adani Total Gas, HPCL, Petronet LNG, Chennai Petroleum, and GAIL down over 2 per cent each
Top Gainers & Losers on Mar 04: Petronet LNG, Mahanagar Gas, Tata Steel, HPCL, BPCL, Force Motors among top losers - Mint
Top Gainers & Losers on Mar 04: Petronet LNG, Mahanagar Gas, Tata Steel, HPCL, BPCL, Force Motors among top losersMint
Top Gainers & Losers on Mar 04: Petronet LNG, Mahanagar Gas, Tata Steel, HPCL, BPCL, Force Motors among top losers
The Indian stock market experienced a significant sell-off, with major indices dropping over 1.5% amid escalating Middle East conflict. The Nifty 50 closed 1.55% lower and the Sensex lost 1.40%. Broader markets fell over 2%.
Petronet LNG Ltd leads losers in 'A' group
Mahanagar Gas Ltd, Force Motors Ltd, Avanti Feeds Ltd and Steel Authority of India Ltd are among the other losers in the BSE's 'A' group today, 04 March 2026.
Gas stocks jump as supply fears ease after govt steps; Adani Total Gas surges 9%, MGL, Petronet LNG gain
Energy-linked stocks bucked the trend of broader market fall, with the Nifty Energy index rising about 1.9 percent and the Nifty Oil & Gas index gaining around 0.9 percent. The rally in gas stocks followed the government’s move to stabilise domestic fuel supplies amid geopolitical disruptions.