Crude oil-sensitive stocks fall as brent surges over $81 per barrel; HPCL, IndiGo, Kansai Nerolac drop up to 6%
Crude-sensitive stocks, including oil marketers, paint, tyre manufacturers, and airlines, fell on Monday, January 13, as Brent oil prices surged past $81 per barrel. The rise follows expectations that new U.S. sanctions on Russia will impact crude supplies to China and India. Oil prices reached their highest level in over three months, driven by concerns…
READ MORE
Stock Market Crash: HMPV case detection in Bengaluru scares investors, Sensex down 1,200 points
After the Indian government confirmed two cases of Human Metapneumovirus (HMPV) in Karnataka amid reports of a virus outbreak creating havoc in China, stock market investors chose to play it safe, with the Sensex falling over 1,200 points and Nifty losing around 1.4%. The fear gauge index, India VIX, jumped 13% as a widespread sell-off…
READ MORE
Retail investors lost interest in PSU stocks in Q2. Is it too early to sell?
Retail shareholding in 18 PSU stocks fell in the September ended quarter (Q2FY25) versus April-June period amid valuation worries, market downturns and Lok Sabha election results shocker after exit polls gave an overwhelming victory to the Bharatiya Janata Party (BJP) led NDA alliance. Is there a silver lining? Hereβs what experts opine! National Aluminium Company…
READ MORE
PSU stocks surge up to 11% as Maharashtra election results boost market sentiment
PSU stocks saw a strong rally in Monday’s intraday trade following the BJP-led Mahayuti alliance’s resounding victory in the Maharashtra Assembly elections. Shares of Bank of Baroda, Indian Bank, HPCL, PFC, IRFC, BEL, RVNL, Bharat Dynamics, NBCC, GAIL, Concor, SAIL, and others surged between 3% and 11% in an overall positive market. Among PSU stocks,…
READ MORE
GIFT Nifty down 5 points; here’s the trading setup for today’s session
Domestic equities traded sideways for a major part of Thursday and Nifty closed with a marginal loss of 36 points at 24399. Nifty has been consolidating for the last two sessions following persistent foreign outflows and dull earnings so far. “We expect this range-bound move (Nifty hovering around the 24400-24500 zone) to continue in the…
READ MORE
β½ Used cooked oil to Bio Diesel Business opportunity by IOC, HPCL, BPCL
Alibaba : https://www.alibaba.com/showroom/used-cooking-oil-for-biodiesel-machine.html Home Preparation : https://www.wikihow.com/Prepare-Used-Cooking-Oil-for-Biodiesel Reference : https://economictimes.indiatimes.com/industry/energy/oil-gas/government-launches-programme-for-converting-used-cooking-oil-into-biodiesel-in-100-cities/articleshow/70617703.cms #biodiesel #cooking.oil.tamil #ioc_biodiesel source
READ MORE