Nifty Oil & Gas: relative strength and momentum
Sector. Compared with Nifty 500 TRI.
As of 2026-10-23, Nifty Oil & Gas has an ArthaNiti relative-strength score of 38 out of 100 (neutral) against Nifty 500 TRI, in the Falling behind phase (losing ground, and faster); the score moved -9 points in four weeks. Returns use ETF NAV.
1 week−1.7%
1 month−4.5%
3 months−6.1%
6 months−11.0%
1 year−10.8%
3 years, a year–
5 years, a year–
Volatility, 1 year15.6%
Worst fall, 1 year−16.3%
Above 200-day averageNo
What is inside Nifty Oil & Gas: holdings and weights
Nifty Oil & Gas holds 15 stocks; the top 10 make up 94% of the index. 33% of its stocks trade above their 200-day average.
- 5 of 15 stocks (33%) are above their 200-day average — narrow participation.
- Short-term breadth (13% above 50-day) is fading faster than long-term — momentum is cooling.
- Top 10 stocks are 94% of the index; half the weight sits in 3 stocks.
- Biggest 1-month driver: Chennai Petroleum Corporation Ltd. (+6.0%).
| Stock | Industry | Weight | 3 months | Momentum score |
|---|---|---|---|---|
| RELIANCE Reliance Industries Ltd. | Oil Gas & Consumable Fuels | 32.70% | −6.5% | 42 |
| ONGC Oil & Natural Gas Corporation Ltd. | Oil Gas & Consumable Fuels | 14.94% | −9.8% | 42 |
| BPCL Bharat Petroleum Corporation Ltd. | Oil Gas & Consumable Fuels | 10.36% | −9.0% | 41 |
| IOC Indian Oil Corporation Ltd. | Oil Gas & Consumable Fuels | 8.59% | −7.7% | 40 |
| GAIL GAIL (India) Ltd. | Oil Gas & Consumable Fuels | 7.83% | −4.7% | 56 |
| HINDPETRO Hindustan Petroleum Corporation Ltd. | Oil Gas & Consumable Fuels | 5.73% | −12.2% | 36 |
| OIL Oil India Ltd. | Oil Gas & Consumable Fuels | 4.17% | −2.4% | 58 |
| PETRONET Petronet LNG Ltd. | Oil Gas & Consumable Fuels | 3.63% | +6.2% | 69 |
| AEGISLOG Aegis Logistics Ltd. | Oil Gas & Consumable Fuels | 2.95% | −8.9% | 75 |
| ATGL Adani Total Gas Ltd. | Oil Gas & Consumable Fuels | 2.81% | −20.1% | 37 |
ETFs that track Nifty Oil & Gas
| ETF | NSE symbol | Expense ratio | Tracking diff, 1 yr | AUM |
|---|---|---|---|---|
| ICICI Prudential Nifty Oil & Gas ETF | OILIETF | 0.42% | -0.37% | ₹278 Cr |
| Motilal Oswal Nifty Oil & Gas ETF | – | 5.14% | – | ₹1 Cr |
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