BPCL, HPCL, IOC: Brent crude fall may trigger short-term rally in OMCs

BPCL, HPCL and IOC may rise up to 11 per cent in coming sessions, and if they manage to sustain their upward rally, medium-term bias may strongly shift in bull's favour.

Avdhut Bagkar Business Standard Mumbai
Web Exclusive Premium

Shares of domestic oil marketing companies will remain in spotlight after Brent Oil Futures slipped to a fresh 3-month low, negating the recent signal of reversal aimed at crossing $90 per barrel. Suc

Also Read

Are OMC stocks a good bet at the current levels?

Repo Rate Hike: Banking stocks may see sell-off if index stays under 42K

Britannia, ITC, Radico: These FMCG stocks may act as hedge in current fall

How to trade Zee Entertainment as NCLT places it under insolvency process

Can Bira 91 deal trigger gains for alcohol stocks? Here's what charts say

Eris down 4% in 2 days post acquisition of 9 derma brands from Dr Reddy's

Sterling Tools hits 5-year high, surges 10% on strong business outlook

TCS down 1%, hits 4-month low day after CEO & MD Rajesh Gopinathan resigns

MARKET LIVE: Sensex off day's high, up 100pts; Nifty50 above 17,000

Stocks to watch: TCS, Patanjali Foods, Glenmark Pharma, Vi, DLF, Eris Life


  • 1D
  • 5D
  • 1M
  • 3M
  • 6M
  • 5Y

First Published: Mar 17 2023 | 11:22 AM IST

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to