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omc stocks: OMC stocks jump over 8% after crude oil plunges to two-month low. HPCL top gainer

Crude oil prices hitting a two-month low this week fuelled strong movement in stocks of domestic oil marketing companies (OMCs) which jumped over 8% on Thursday. ....

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Indian Oil, BPCL, HPCL stocks soar 2-7% as Brent crude slips to two-month low

A fall in Brent crude prices bodes well for oil marketing companies as it lowers their input costs, giving them more headroom to keep competitive prices, which eventually aids their margins. ....

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BPCL, HPCL, IOC: OMC stocks rally as oil slips below $90 mark; what's ahead for these PSU shares?

Shares of HPCL climbed 5.35 per cent to hit a high of Rs 483.40 on BSE. BPCL shares climbed 3.87 per cent to a high of Rs 608.25. IOC also gained 3.22 per cent to hit a high of Rs 174.20.

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omc stocks: Kotak Equities retains sell rating on HPCL, IOC & BPCL, estimates up to 33% slide

Kotak Institutional Equities expressed concerns over OMCs capex plans due to limited pricing freedom. Government s petrol and diesel price cut, along with rising crude oil prices, may impact energy stocks like HPCL, IOC, and BPCL. ....

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Nifty 50 records biggest intraday jump in nearly 2 months: RIL contributes 37% to index's overall rally

Reliance Industries robust performance contributed 142 points to Nifty 50 s total gain of 385 points today, accounting for 37% of the overall rally. ....

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