India’s energy sector opened lower on April 30, 2026, with almost all tracked stocks trading in negative territory in morning trade. The S&P BSE Energy index fell 1.35% to 11,905.42, tracking a wider market decline. The S&P BSE Sensex dropped 1.42% to 76,398.31 and the Nifty 50 slid a matching 1.42% to 23,834.95. The S&P BSE Oil & Gas Index fell further, declining 1.6% to 27,482.1.
Stock-by-stock snapshot
Biggest decliners (BSE)
- MRPL led losses at -2.91%, trading at ₹168.30 on BSE and ₹168.09 on NSE (-3.00%).
- Suzlon Energy fell 2.87% to ₹55.12 on BSE and 3.12% on NSE to ₹55.04.
- Confidence Petroleum dropped 3.39% to ₹54.66 on BSE. The stock is not listed on NSE.
- Mahanagar Gas slipped 2.58% on BSE to ₹1,119.05 and 2.53% on NSE to ₹1,116.95.
- HPCL fell 2.23% to ₹372.25 on BSE; NSE showed a steeper drop of 2.50% to ₹371.10.
- GAIL declined 2.29% to ₹161.90 on BSE and 2.42% to ₹161.65 on NSE.
- Gujarat Gas fell 2.11% to ₹745.60 on BSE and 2.28% to ₹743.10 on NSE.
- INOX Green Energy shed 2.12% to ₹180.00 on BSE and 2.43% on NSE to ₹179.61.
- Chennai Petroleum lost 2.08% to ₹1,114.95 on BSE and 2.33% to ₹1,112.90 on NSE.
- BPCL fell 2.04% to ₹297.75 on BSE and 2.14% to ₹297.40 on NSE.
- Reliance Industries declined 1.94% to ₹1,398.50 on BSE and 1.89% to ₹1,398.40 on NSE.
Moderate decliners
- Gulf Oil Lubricants: -2.00% on BSE (₹973.55); -2.14% on NSE (₹973.00).
- K.P. Energy: -2.21% on BSE (₹356.85); not listed on NSE.
- Petronet LNG: -1.86% on BSE (₹274.90); -2.06% on NSE (₹274.34).
- Veedol Corporation: -1.43% on BSE (₹1,413.65); -2.16% on NSE (₹1,406.00).
- IOC: -1.39% on BSE (₹142.25); -1.44% on NSE (₹142.12).
- Oil India: -1.25% on BSE (₹486.40); -1.18% on NSE (₹487.05).
- Bharat Coking Coal: -1.40% on BSE (₹33.19); -1.55% on NSE (₹33.13).
- Linde India: -0.86% on BSE (₹7,246.70); -0.96% on NSE (₹7,237.00).
- Indraprastha Gas: -0.81% on BSE (₹166.30); -0.88% on NSE (₹166.07).
- Castrol India: -0.89% on BSE (₹183.00); -0.83% on NSE (₹183.10).
- Deep Industries: -0.66% on BSE (₹481.75); -0.61% on NSE (₹480.20).
- Guj. State Petronet: -0.26% on BSE (₹283.45); -0.43% on NSE (₹283.25).
Near flat
- ONGC was virtually unchanged, down just 0.05% on BSE to ₹301.15 and 0.08% on NSE to ₹301.15. It was the most resilient large-cap energy stock in morning trade.
Gainers
Only two stocks posted gains in morning trade:
- Selan Exploration Technology rose 1.81% on BSE to ₹684.55 and 0.95% on NSE to ₹679.15. It was the top gainer in the sector.
- Hindustan Oil Exploration (HOEC) edged up 0.10% on BSE to ₹157.30 and 0.04% on NSE to ₹157.15.
Data sourced from BSE and NSE morning prices on April 30, 2026. This article is for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.