OMC stocks plunge up to 8% on cut in petrol, diesel prices; HPCL top loser

OMC stocks plunge up to 8% on cut in petrol, diesel prices; HPCL top loser

Stocks of oil marketing companies (OMCs) witnessed up to 8% decline on Friday following a Rs 2 per litre cut in prices of petrol and diesel, the first in nearly two years. The decision came ahead of the model code of conduct that is likely to kick in shortly. The top loser was Hindustan Petroleum … Read more

Oil stocks in deep green amid Red Sea crisis. ONGC shares jump 8%

Oil stocks in deep green amid Red Sea crisis. ONGC shares jump 8%

Oil stocks jumped up to 8% on Monday led by gains in state-run Oil & Natural Gas Corporation (ONGC) and market heavyweight Reliance Industries (RIL) on fuel supply concerns in the aftermath of a missile attack on a Trafigura-operated fuel tanker in the Red Sea. ONGC shares hit their 52-week high of Rs 253.20 on … Read more

Q2 results this week: Adani Ports, Tata Power, LIC, RVNL, M&M and others

Q2 results this week: Adani Ports, Tata Power, LIC, RVNL, M&M and others

Various widely tracked companies like Varun Beverages, Power Grid Corporation, Shree Cements, Tata Power, Adani Ports, LIC, ONGC, Eicher Motors, RVNL, and M&M, will be releasing their September quarter report cards this week. Here’s a list: November 6 Varun Beverages, Divi’s Laboratories, Adani Energy Solutions, Max Healthcare Institute, Linde India, NHPC, Bharat Forge, The Fertilisers … Read more

Oil India shares jump 8%, OMC stocks plunge on Israel-Hamas conflict

Oil India shares jump 8%, OMC stocks plunge on Israel-Hamas conflict

Shares of state-owned Oil India Limited (OIL) jumped nearly 8% to their 52-week high of Rs 318 on the NSE in Monday’s trade as international crude oil prices jumped more than $3 a barrel on Monday as the Israel-Hamas crisis deepened, raising supply concerns. Oil India shares were the top gainers in the Nifty Oil … Read more

Q1 results this week: Adani Enterprises, SBI, Maruti, Titan, Airtel, M&M & others

Q1 results this week: Adani Enterprises, SBI, Maruti, Titan, Airtel, M&M & others

Widely tracked companies such as Maruti Suzuki, Adani Enterprises, Adani Transmission, Titan, IndiGo, Bharti Airtel, Sun Pharma, SBI, M&M, Varun Beverages, and Bank of Baroda would be releasing their June quarter report cards this week. Here’s a list: July 31Maruti Suzuki, Power Grid Corporation of India, Adani Green Energy, Adani Transmission, GAIL, Bosch, UPL, Oberoi … Read more

Over 400 mid, smallcap stocks clock weekly gains when bears knocked down Sensex

Over 400 mid, smallcap stocks clock weekly gains when bears knocked down Sensex

Mumbai: In the week that wiped off Rs 4 lakh crore of market capitalisation on Dalal Street, investors still managed to make some money in the midcap and smallcap stocks. In the midcap segment, 51 stocks gave positive weekly returns, and in the smallcap segment, the number stood at about 375. The major gainers in … Read more