Market News
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Welspun Corp stock zooms 111% from February low; here's why
The medium to long term business outlook for Welspun Corp continues to remain positive across all its businesses, supported by strong focus on Oil & Gas, energy security and transition initiatives.
Oil & Natural Gas Corpn Ltd down for fifth straight session
Oil & Natural Gas Corpn Ltd is quoting at Rs 232.05, down 0.45% on the day as on 13:19 IST on the NSE. The stock tumbled 4.98% in last one year as compared to a 6.14% slide in NIFTY and a 8.21% spurt in the Nifty Energy index.
ONGC gains on appointing Anupam Agarwal as CFO
Oil and Natural Gas Corporation (ONGC) rose 1.33% to Rs 236.30 after company has appointed Anupam Agarwal, Director (Finance), as its chief financial officer (CFO) & key managerial personnel (KMP) with immediate effect, replacing Yogish Nayak S.
ONGC elevates finance veteran Anupam Agarwal to CFO
Agarwal, who has more than three decades of experience in finance and commercial management in the oil and gas sector, most recently served as Director (Finance) at ONGC Videsh.
ONGC appoints Anupam Agarwal as CFO
Oil and Natural Gas Corporation (ONGC) said that it has appointed Anupam Agarwal, Director (Finance), as its chief financial officer (CFO) & key managerial personnel (KMP) with immediate effect, replacing Yogish Nayak S.
Benchmarks hold their ground despite late profit booking
The benchmark indices ended marginally higher on Thursday, extending gains for a second straight session. The Nifty climbed to a more than one-month high of 24,261.60 around noon, supported by easing crude oil prices and buying in auto and FMCG stocks. However, profit booking in the second half erased most of the intraday gains, while weakness in metal, IT, oil & gas and energy stocks capped the upside. The Nifty still managed to close above the 24,000 mark. Broader markets underperformed, with the midcap and smallcap indices ending in the red.
Sensex settles 109 pts higher; Nifty ends above 24,050 mark; VIX slides 2.50%
The Nifty settled above the 24,050 mark. Metal, oil & gas and IT shares declined while auto, FMCG and realty shares advanced.
ONGC, bp sign technical services contract to boost production from Western Offshore Basin
ONGC and bp have inked a deal to boost oil and gas output from the Western Offshore Basin. This partnership leverages bp's global expertise to enhance production from India's most prolific hydrocarbon region. The agreement aims to curb production decline, improve recovery rates, and strengthen the nation's energy security, building on successful collaboration at Mumbai High.
Oil & Natural Gas Corpn signs technical services contract with bp
For its fields in Western Offshore basin
FPIs sell ₹63,450 crore of Indian equities in June first half; financials, oil & gas stocks see highest outflows - Mint
FPIs sell ₹63,450 crore of Indian equities in June first half; financials, oil & gas stocks see highest outflowsMint
Stocks in news: LIC, IRFC, Cummins India, Tata Motors PV, ONGC
Indian markets surged on Wednesday, recovering previous day's losses, with banking stocks leading the charge from a strong support zone, signaling a robust uptrend. Key companies like LIC, IRFC, Cummins India, Tata Motors PV, and ONGC are in focus. IRFC's government offer saw strong institutional demand, while Tata Motors plans significant investment in capacity expansion. ONGC is exploring stake acquisition in Venezuela, and LIC's CFO has resigned.
FPIs continue selling spree in first half of June; financials, oil & gas hit hardest
Foreign investors offloaded shares worth a staggering ₹64,761 crore in the first half of June, the highest since March, driven by elevated oil prices. Financial services saw the largest outflows, followed by oil, gas, and consumable fuels. Automobile and IT sectors also experienced significant selling pressure, with concerns over oil prices and AI's impact on tech revenues cited as key reasons.