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BPCL, HPCL shares jump over 4%; Asian Paints, IndiGo rally as crude falls below $95, lifts oil-sensitive stocks
Stocks across oil marketing companies (OMCs), aviation, paint and tyre segments were trading firmly higher, as Brent crude slipped below the $95 per barrel mark after declining for a second straight session.
Brent hits $107: BPCL, Asian Paints, SpiceJet, other crude-sensitive stocks decline up to 5%
Bharat Petroleum Corporation Ltd slipped 2.26% to Rs 287.80, losing Rs 6.65, while Indian Oil Corporation Ltd dropped 2.00% to Rs 137.56, down Rs 2.81.
BPCL, Asian Paints, Eternal, other crude-sensitive stocks fall up to 2% as Brent crosses $97
Brent crude rose about 4 percent to $97 per barrel after Iran launched missiles at Israel following Israeli strikes on Beirut, dampening hopes of a near-term resolution to the conflict
Asian Paints, IndiGo lead gains in oil-sensitive stocks as crude falls below $93 on Israel-Iran ceasefire hopes
Crude oil prices fell today, boosting paint, airline, and tyre stocks. IndiGo stock surged 3.8 percent, aided by positive broker ratings.
IndiGo, Asian Paints, HPCL jump up to 4%; crude-sensitive stocks gain as oil prices tumble on Iran deal hopes
Crude-related stocks rose as global oil prices tumbled on hopes of a peace agreement between the United States and Iran, easing concerns over supply disruptions and inflationary pressures.
BPCL, HPCL, IndiGo slide up to 4% as crude oil jumps after US strikes Iran; OMCs, aviation, paint stocks fall
Crude-sensitive shares fell on Wednesday due to rising oil prices after US airstrikes in Middle East. BPCL, HPCL, IndiGo, Asian Paints saw share declines.