BUZZ-India's oil & gas, energy indexes extend losing streak to fifth session
India's Nifty Energy index .NIFTYENR and Nifty Oil & Gas .NIFOILGAS trade down 1.1% and 1.3%, respectively
Both have dropped 5.7% and 4.9%, respectively, in the past four sessions amid a broader sell-off in markets, with the benchmark Nifty 50 .NSEI down 2.6% during the same period .BO
Heavyweights Reliance Industries RELI.NS and ONGC ONGC.NS down 3.4% and 8.7%, respectively, during the period
Concerns over global trade war after U.S. President Donald Trump said on Sunday he would impose reciprocal tariffs on several nations continue to rattle Indian stocks
Oil India OILI.NS has dropped ~3% since February 10 on missing Q3 profit estimates; Gujarat Gas GGAS.NS down 13% since February 6 after lower Q3 results and as analysts flagged headwinds
Eleven of 13-major sectoral indexes are trading in red on the day
Year-to-date, NIFTYENR, NIFOILGAS, NSEI have lost 11.5%, 7% and 3%, respectively
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