Money on the markets

A maturing market amid the mayhem

Oil and gas index slips 2.5 pct

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Shares of oil and gas firms came under pressure on Tuesday because of profit booking, which sent the sectoral index down 2.5 percent.

Energy major Reliance Industries fell more than 3 percent and ended as the top loser in the sector.

The benchmark Sensex snapped a four-day winning streak and fell 2.2 percent on renewed doubts over the pace of global recovery.

Some of the other big losers were Cairn India, which slipped more than 3 percent, and Aban Offshore which closed down 2.9 percent.

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