Three public sector oil marketing companies rose 0.36% to 1.09% at 09:45 IST on BSE after Indian Oil Corporation on Saturday, 30 April 2016, announced an increase in the price of petrol and diesel with effect from the midnight of 30 April 2016.
HPCL (up 1.09%), BPCL (up 0.56%), and Indian Oil Corporation (up 0.36%) edged higher.
Meanwhile, the S&P BSE Sensex was down 192.46 points or 0.75% at 25,414.16
Petrol price was hiked by Rs 1.06 per litre and diesel price was raised by Rs 2.94 a litre at Delhi (including state levies) with corresponding price revision in other states. After the latest revision, petrol in Delhi costs Rs 62.19 per litre and diesel costs Rs 50.95 a litre.
In the global commodities markets, Brent for July settlement was currently down 54 cents at $46.83 a barrel. The contract had declined 40 cents or 0.83% to settle at $47.37 a barrel during the previous trading session.
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