Shares of Indraprastha Gas (up 1.55 per cent), Bharat Petroleum Corporation (up 0.32 per cent) and Hindustan Petroleum Corporation (up 0.05 per cent) were trading higher.
Castrol India (down 2.62 per cent), Gujarat State Petronet (down 2.11 per cent), GAIL (India) (down 1.55 per cent) and Reliance Industries (down 0.38 per cent) were trading lower.
The S&P BSE Oil & Gas index was trading 0.42 per cent down at 13,927.68 around 11:23 am.
Benchmark NSE Nifty50 index was down 117.20 points at 11,479.70 while the BSE Sensex was down 374.23 points at 38,523.23.
Among the 50 stocks in the Nifty index, 10 were trading in the green, while 39 were in the red.
Shares of Biocon, YES Bank, Vodafone Idea, ICICI Bank, Dish TV India, Spicejet, Ashok Leyland, Adani Power, Bank of Baroda and SAIL were among the most traded shares on the NSE.
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