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Market Pulse: Key triggers to watch before the July 8 trading session
Indian investors will track the continuing attacks on tankers by Iranian forces, which are increasing concerns among shipowners. Oil marketing companies, including Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation, may remain on investors’ radar amid developments in crude markets. Also, the government has decided to exercise the entire green shoe option in the Cochin Shipyard Offer for Sale (OFS) after strong investor response on the first day. Further, US markets are trading higher as investors rotate away from artificial intelligence-linked stocks. Oil prices remain in focus after vessel attacks in the Persian Gulf, with potential supply concerns keeping crude markets under watch.
HPCL, Tata Motors partner for used lubricant pilot project
Hindustan Petroleum Corporation Ltd and Tata Motors have joined forces for a pilot project. This collaboration aims to create an organized system for managing used automotive lubricants. The initiative will focus on collection, storage, and recycling of this hazardous waste. It supports India's Extended Producer Responsibility framework.
Q4 Results Today: Tata Motors, Bharti Airtel, PFC, Oil India Among 100 Companies To Declare Earnings
DLF, Cipla, Hindustan Petroleum Corporation, LIC Housing Finance and Paras Defence are among the companies that will declare earnings on May 13.