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

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