For Quick Alerts
For Daily Alerts

Oil and gas companies rally on pricing hopes

 Oil and gas companies rally on pricing hopes
Indian Oil Corporation: Quotes, News
BSE 125.85BSE Quote0.4 (-0.32%)
NSE 125.80NSE Quote0.45 (-0.36%)
Oil India: Quotes, News
BSE 151.70BSE Quote1.05 (-0.69%)
NSE 151.55NSE Quote1.15 (-0.76%)
Shares of oil and gas exploration companies rallied on hopes that there would be a revision in gas prices, fuelling sentiments for stocks from the sector. Indian Oil was the star performer jumping more than 5% in trade.

Oil India rallied more than 2.5% and was last traded at Rs 285 on the bourses. ONGC on the other hand was the top gainer from the Nifty rallying 2.57%.

Oil marketing companies like BPCL and HPCL also gained on the exchanges on reports that there could be a possible diesel hike in the coming days.

Reliance Industries, also into gas exploration was the only stock that lost marginal ground in trade today.

Read more about: ongc reliance industries
Company Search
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more