Market News

India's core industries grow at 1.7% in Apr-26, Cement production continues to spike

The combined Index of Eight Core Industries (ICI) increased by 1.7 per cent (provisional) in April, 2026 as compared to the Index in April, 2025. The production of Cement, Steel and Electricity recorded positive growth in April, 2026. The ICI measures the combined and individual performance of production of eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. The Eight Core Industries comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP). The final growth rate of Index of Eight Core Industries for March 2026 was observed at 1.2 per cent. The cumulative growth rate of ICI during April to March, 2025-26 is 2.7 per cent as compared to the corresponding period of last year.

Nifty ends above 23,650 mark; oil & gas shares rally

Oil & gas, auto and realty shares led the gains while media, FMCG and IT witnessed selling pressure.

Sensex, Nifty trade with small gains; Oil & gas shares rally

Oil& gas shares witnessed buying demand for second consecutive trading session.

Nifty trades below 23,600 level; European mkt opens lower

The Nifty traded below the 23,600 level. Media, chemical and consumer durables shares declined, while oil & gas and auto shares advanced.

ONGC Share Price Live Updates: ONGC Volume Performance

Oil India to ramp up exploration capex to ₹10,000 cr, boost output in FY27: CMD

OIL, India’s second-largest exploration and production company after Oil and Natural Gas Corporation, operates about 28 rigs and has recently mobilised two charter-hired rigs, with plans to add two more.

ONGC stock still offers 15% upside as crude stays elevated: JM Financial - CNBC TV18

ONGC stock still offers 15% upside as crude stays elevated: JM FinancialCNBC TV18

BPCL, HPCL, Adani Total, other oil and gas stocks gain after crude oil prices ease

Oil and gas shares increased on May 19 due to reduced US-Iran tensions, boosting optimism for crude supply stability. Major Indian oil firms saw shares rise nearly 4% as falling crude prices are expected to enhance profitability.

OMCs gain after fuel price hike; Nifty Oil & Gas index rises up to 0.6%

Petrol and diesel prices were raised by around 90 paise per litre on Tuesday, marking the second fuel price hike in less than a week

ONGC Share Price Live Updates: ONGC's Market Close Update

Coal gasification can raise India's resource security amid decarbonisation uncertainties: Report

While coal gasification presents uncertain decarbonisation outcomes, it can play a crucial role in strengthening the country's raw material security by reducing dependence on imported coal and natural gas, according to an Observer Research Foundation report.

India must push solar, grid reforms to navigate oil price rise: Ex-NITI Aayog member Arvind Virmani

suggested navigating this crisis by adopting a two-pronged strategy by implementing a gradual pass-through of rising oil and gas prices in the immediate term, while aggressively accelerating long-term structural reforms across its solar, storage, and distribution networks.