Market News

HPCL, BPCL, IOC shares fall up to 3% amid petrol, diesel prices hiked by Rs 3/litre

Oil marketing company shares fell on Friday. Petrol and diesel prices saw a modest increase. This hike aims to ease financial pressure on companies. Global crude oil prices remain high due to West Asia conflicts. Prime Minister Modi urged fuel conservation. Oil Minister Hardeep Singh Puri expressed concern over companies absorbing losses.

Explained: How Petrol And Diesel Price Hike Will Benefit HPCL, BPCL And IOCL

History tells us that more fuel hikes could follow, in the event the Iran war continues to choke global energy markets.

BPCL Share Price Live Updates: BPCL's Stock Closing Overview

Stocks To Watch Today: BPCL Dr Reddy's Labs, Afcons Infra, Canara Bank And HG Infra Engineering

Here's a look at stocks that are likely to be in focus during the trading session on Tuesday.

Oil & Gas stocks tumble as crude regains $105; MGL, IGL, BPCL drop up to 4%

Among the index constituents, Mahanagar Gas fell around 4.5 per cent, followed by IOCL, BPCL, Adani Total Gas, HPCL, Petronet LNG, Chennai Petroleum, and GAIL down over 2 per cent each

BPCL Board Meeting To Approve Q4 Results Rescheduled; Check Revised Date, Share Price History And More

A meeting of the Board of Directors is scheduled on May 19 to consider and approve the financial results for the fourth quarter of FY26.

Top Gainers & Losers on May 6: Coforge, Vodafone Idea, HFCL, BPCL, Tata Motors, IndiGo among top gainers

On May 6, Indian markets closed higher with the Nifty 50 up 1.24% and the Sensex gaining 1.22%, driven by easing US-Iran tensions. Notable gains were seen in technology and auto stocks, although several shares faced declines amid profit booking.

Boost your portfolio with these top 15 Nifty500 high dividend yield stocks

At the top of the list is Bharat Petroleum Corporation (BPCL), which offers the highest dividend yield of 7.5 per cent

BPCL JV to invest $2.8 billion in Brazil oil and gas project after Petrobras clears final plan

BPCL’s Brazil joint venture will invest $2.8 billion in an oil and gas project, boosting equity oil access and supporting India’s long-term energy security strategy.

BPCL, HPCL, IOC shares jump up to 5% as oil's skyrocketing rally cools down on fresh Iran-US peace talk hopes

OMC stocks surged as easing oil prices, driven by renewed hopes of US-Iran peace talks, lifted sentiment. Crude remained below the key $100 mark, reducing margin pressure concerns. Improved geopolitical outlook and steady vessel movement through Hormuz supported gains, while refiners also traded higher amid broader optimism in energy markets.

Stocks in news: RIL, TCS, IDFC First Bank, BPCL, SpiceJet

Indian equity markets saw profit booking on April 9, ending a five-day rally. Several companies like RIL, TCS, and IDFC First Bank are in focus due to news and Q4 results. Granules India faces US regulator scrutiny, while SpiceJet is ordered to pay $8 million to an engine lessor.

BPCL appoints Sanjay Khanna as C&MD

Bharat Petroleum Corporation (BPCL) announced that its board has approved the appointment of Sanjay Khanna as Chairman & managing director (C&MD) with effect from 9 April 2026.