Reliance Industries, ONGC fall on gas price hike delay worries

Written by Reuters | Mumbai | Updated: Mar 25 2014, 15:10pm hrs
Reliance IndustriesReliance Industries Ltd fell 2.9 percent, while state-run Oil and Natural Gas Corp lost 3.8 percent, compared with a 0.5 percent fall in the broader NSE index (AP)
Shares of Indian oil and gas producers fell in pre-open trading on Tuesday after the country's election commission asked the government to defer a planned hike in gas prices due to start on April 1.

Reliance Industries fell 2.9 percent, while state-run Oil & Natural Gas Corpn lost 3.8 percent, compared with a 0.5 percent fall in the broader NSE index.

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