Why ONGC Share Price Is Falling?

Here's why ONGC shares have declined over 13% in the last five days.

On 1 July 2022, Indian share markets fell for the third day in a row.

Amid this decline, shares of oil & gas companies also fell. All the gains made by energy companies eroded within a day.

Shares of Reliance fell 8% while shares of Oil India fell by a whopping 15%.

Among these stocks was also ONGC. The company's shares fell by 13% in a single day.