Energy stocks traded mixed on May 18, 2026, during the late morning session. While a few exploration and niche energy stocks posted gains, most oil marketing companies, gas distributors, and refining stocks remained under pressure. The BSE Energy index declined 0.53% to 11,482.81. The broader market was also weak, with the Nifty 50 down 0.46% at 23,534.25 and the S&P BSE Sensex falling 0.43% to 74,914.92 as of around 11:42 AM.
Top Gainers in Energy Sector
- Selan Exploration was the top performer, rising 3.71% on BSE to ₹779.55 and 3.59% on NSE.
- Deep Industries gained 2.22% on BSE to ₹455 and 2.33% on NSE.
- Hindustan Oil Exploration advanced 1.86–1.90%.
Asian Energy Services and Reliance Industries saw marginal positive movement.
Major Losers in Energy Sector
- Gujarat State Petronet continued its sharp decline, falling 6.84% on BSE to ₹268.95 and 7.13% on NSE.
- Gulf Oil Lubricants dropped 3.15–3.85%.
- K.P. Energy declined 3.42%.
- Inox Green Energy was down 3.38–3.50%.
Other notable losers included MRPL (-2.53%), Chennai Petroleum (-2.47 to -2.54%), IOC (-2.34 to -2.38%), HPCL (-1.91 to -1.99%), GAIL, Mahanagar Gas, BPCL, and Oil India.
Stocks such as Castrol India, Petronet LNG, ONGC, and Linde India saw limited movement.
Note: All prices and percentage changes are based on data as of 11:42 AM on BSE and 11:44 AM on NSE on May 18 2026. Market prices are volatile and continue to change rapidly. This is for informational purposes only and does not constitute investment advice. For the latest live prices, please check the official NSE and BSE websites.