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Page 2 - Omc Stocks

'Investors are building all data points into their market assessment'

Ajay Argal of Franklin Templeton believes that any change in stance to lower the pace or the quantum of rate hikes could provide an interim positive trigger for the markets.

'Investors are building all data points into their market assessment'
Updated On : 21 Sep 2022 | 8:23 PM IST

HPCL, BPCL shed up to 4% on lackluster June quarter performance

So far in this calendar year, BPCL and HPCL have tumbled 13 per cent, and 14 per cent, respectively. However, frontline indices Nifty50 and the S&P BSE Sensex have remained flat during the same period

HPCL, BPCL shed up to 4% on lackluster June quarter performance
Updated On : 08 Aug 2022 | 12:55 PM IST

Will petrol, diesel price hike set OMC stocks on fire? What charts suggest

Except IOC, which managed to hold 200-DMA, other stocks are in no mood to conquer their respective hurdles yet, technical charts indicate

Will petrol, diesel price hike set OMC stocks on fire? What charts suggest
Updated On : 22 Mar 2022 | 11:43 PM IST

Stocks to Watch: UPL, ITC, Restaurants, Multiplexes, FMCG, OMCs, Suzlon

Shares of multiplex restaurant owners are likely to be in focus on easing of Covid-19 related curbs in Maharashtra.

Stocks to Watch: UPL, ITC, Restaurants, Multiplexes, FMCG, OMCs, Suzlon
Updated On : 03 Mar 2022 | 8:06 AM IST

Tech View: Can high fuel prices, weak crude spark a rally in OMCs?

OMC shares traded mixed with HPCL and IOC down 1 per cent and BPCL marginally in the green

Tech View: Can high fuel prices, weak crude spark a rally in OMCs?
Updated On : 17 Aug 2021 | 12:45 PM IST

Petrol price hike on cards post election outcome? Here's how to trade OMCs

The OMC stocks needs to cross and sustain crucial supports to gain on follow-up momentum.

Petrol price hike on cards post election outcome? Here's how to trade OMCs
Updated On : 29 Apr 2021 | 2:39 PM IST

ONGC, Asian Paints: Bull sentiment intact in oil-linked stocks, charts show

Shares of Oil and Natural Gas Corporation (ONGC) rose as much as 4.6 per cent to hit an intra-day high of Rs 99.35 apiece on the BSE, while those of GAIL and BPCL gained up to 3.5 per cent

ONGC, Asian Paints: Bull sentiment intact in oil-linked stocks, charts show
Updated On : 06 Jan 2021 | 11:39 AM IST

BPCL, HPCL, IOC: Here's how to trade oil-marketing companies' stocks

BPCL, HPCL, and IOC have corrected up to 22 per cent since their highs of July.

BPCL, HPCL, IOC: Here's how to trade oil-marketing companies' stocks
Updated On : 30 Sep 2020 | 12:42 PM IST

OMC stocks come under pressure over muted demand, weak refining margins

Rising Covid-19 cases in India and talks of a second wave of the pandemic globally are adding to concerns on demand for petroleum products moving forward

OMC stocks come under pressure over muted demand, weak refining margins
Updated On : 30 Sep 2020 | 12:32 AM IST

Petrol crosses Rs 80/litre in Delhi. Trading strategy for HPCL, BPCL, IOC

Petrol prices on Friday crossed the Rs-80 mark in Delhi as OMCs announced the 20th hike in a row. Petrol price was increased by 21 paise to Rs 80.13 per litre in Delhi. Diesel jumped by 17 paise

Petrol crosses Rs 80/litre in Delhi. Trading strategy for HPCL, BPCL, IOC
Updated On : 26 Jun 2020 | 11:34 AM IST

OMCs, airlines gain on crude oil slump; SpiceJet, HPCL, BPCL rise up to 5%

SpiceJet, Hindustan Petroleum Corporation (HPCL), Bharat Petroleum Corporation (BPCL) and Indian Oil Corporation (IOC) rose up to 5 per cent on the BSE in early trade.

OMCs, airlines gain on crude oil slump; SpiceJet, HPCL, BPCL rise up to 5%
Updated On : 19 Dec 2018 | 10:12 AM IST

OMCs under pressure; IOC hits 52-week low; HPCL, BPCL down 6%

It is likely that the government may ask IOC, HPCL and BPCL to freeze prices as a temporary arrangement, report

OMCs under pressure; IOC hits 52-week low; HPCL, BPCL down 6%
Updated On : 23 May 2018 | 11:03 AM IST

Rising oil prices, political developments to keep OMC stocks under check

HPCL was the top loser in this pack, slipping as much as 7.4% to Rs 337.5 levels, its biggest intraday percentage loss since September 13, 2017

Rising oil prices, political developments to keep OMC stocks under check
Updated On : 11 Apr 2018 | 11:44 PM IST

OMCs' stocks see mild recovery after petroleum minister's clarification

Surge in refining margins provides cushion for three state-run firms

OMCs' stocks see mild recovery after petroleum minister's clarification
Updated On : 15 Sep 2017 | 12:17 AM IST