Market News

US-Iran peace deal: Reliance Industries, ONGC; which other oil & gas stocks will emerge as top winners and losers?

A US-Iran peace deal is expected to ease oil supply risks, pushing crude prices lower. Nomura sees OMCs, CGDs, and Petronet LNG as key beneficiaries, while upstream firms like ONGC and Oil India may face pressure. Reliance Industries could see moderate downside due to weaker refining margins.

Vedanta group stocks Day 2: Aluminium, Oil & Gas freeze at 5% lower circuit

Vedanta group newly-listed stocks trade on a mixed note on Day 2; Vedanta Iron & Steel hit 5% upper circuit; Aluminium and Oil & Gas were locked at lower circuits.

Vedanta Aluminium, Oil & Gas and Power shares fall up to 5% on Day 2. What should investors do?

Shares of newly demerged Vedanta entities saw a dip post-listing. Investors are now weighing long-term opportunities, with Vedanta Aluminium emerging as a clear heavyweight due to its scale and expansion plans. Analysts favour aluminium as the top growth bet, while Vedanta Oil & Gas and Power present different investment profiles.

Vedanta demerger stocks trade mixed: Iron & Steel surges, Aluminium, Oil & Gas hit lower circuits - Mint

Vedanta demerger stocks trade mixed: Iron & Steel surges, Aluminium, Oil & Gas hit lower circuitsMint

Here's how oil sensitive stocks could react to reopening of Strait of Hormuz, Nomura explains

Nomura said state-run oil marketing companies (OMCs), city gas distribution (CGD) players and Petronet LNG are likely to be among the biggest beneficiaries if shipping through the strategically important waterway normalises.

ONGC Share Price Live Updates: ONGC Stock Update

West Texas Gas Rises Above Zero for First Time in Four Months

Drillers in the world’s largest shale field on Monday were paid for the natural gas they produced for the first time in more than four months.

M-Cap of Vedanta's split cos jumps 67% to Rs 3.5 lakh crore

Vedanta's demerger has boosted shareholder value. The combined market capitalization of the parent and four new entities surged significantly. Investors are showing a premium for pure-play exposure to sectors like aluminium and oil and gas. Vedanta Aluminium is the dominant value driver. The residual Vedanta entity also holds substantial valuation. Smaller verticals are yet to see a rerating.

ONGC's overseas arm set to revive Venezuela operations

ONGC Videsh Ltd (OVL) had acquired assets overseas as part of increasing the state-run oil producer's crude output. The move to revive OVL operations in what's described as the nation with the world's biggest oil reserves comes as the Venezuelan government opens its oil sector to greater foreign participation under a new legal framework.

Axis Capital picks Gujarat Gas, HPCL and Oil India as top bets in oil and gas space

Amit Murarka, Executive Director at Axis Capital, said the brokerage sees the best opportunities in the distribution segment, where valuations have turned attractive after a prolonged period of weakness.

Vedanta Aluminium, Power, Oil & Gas, Iron & Steel Shares Debut On BSE, NSE: Five Things To Know

Vedanta's businesses were reorganised into five separate entities.

Vedanta Aluminium, Power, Oil & Gas, Iron & Steel Debut On NSE, BSE: Check Listing Prices

Vedanta had earlier said that the demerger will help in simplifying Vedanta's corporate structure with sector-focussed independent businesses and provide opportunities to global investors, including sovereign wealth funds, retail and strategic investors, with direct investment opportunities in dedicated pure-play companies through Vedanta's assets.