BPCL, HPCL and Indian Oil are up 4-5% on BSE.
The main gainers are Axis Bank, SBI, ICICI Bank, HDFC, HDFC Bank, M&M, TCS and Maruti Suzuki
OPEC's decision to keep output is the main reason for prices to drop quite rapidly
Amtek Auto, Bosch, Engineers India, Strides Arcolab, Indiabulls Housing and Wockhardt are up between 1 to 5% on NSE.
Analyst's expect FY16 earnings to get upgraded by 29-85%