NEW DELHI: Shares of Hindustan Petroleum Corporation (down 1.08 per cent), Bharat Petroleum Corporation (down 0.93 per cent), Indraprastha Gas (down 0.71 per cent) and Petronet LNG (down 0.56 per cent) were trading down in Thursday's trade, keeping the BSE Oil & Gas index in the negative zone.

The BSE Oil & Gas index was trading 0.29 per cent down at 16,251 around 12:10 pm (IST).

GAIL (India) (down 0.24 per cent), Indian Oil Corporation (down 0.14 per cent) and Reliance Industries (down 0.13 per cent) were also trading down in the index.

However, shares of Castrol India (up 1.39 per cent), Oil India (up 0.34 per cent) and Oil and Natural Gas Corporation (up 0.08 per cent) were trading with gains around that time.

Benchmark NSE Nifty50 index was 5 points up at 10,637, while the BSE Sensex was 33 points up at 34,466.

Among the 50 stocks in the Nifty50 index, 22 were trading in the green, while 28 were in the red.

Kotak Mahindra Bank, Infosys and Bharti Airtel were leading the Sensex index.

Axis Bank, Coal India and ICICI Bank declined up to 1 per cent in the Sensex index.