Stocks of oil marketing companies (OMCs) witnessed up to 8% decline on Friday following a Rs 2 per litre cut in prices of petrol and diesel, the first in nearly two years. The decision came ahead of the model code of conduct that is likely to kick in shortly. The top loser was Hindustan Petroleum …
Indian market is expected to trade higher on Thursday tracking positive global cues. The Nifty future closed positive with gains of 0.46% at 21925 levels. India VIX was down by 2.34% from 15.81 to 15.44 levels. Volatility cooled off from its highs and gave way to the bulls at crucial support zones. Positive setup was …
Brokerage firm CLSA maintained a buy rating on RIL, Goldman Sachs downgraded ONGC, BPCL, and IOC. Jefferies has a buy rating on Godrej Consumer and Nuvama upgraded Infosys to buy ahead of Q3 results. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on RIL: Buy| Target …
As the ICC World Cup 2023 approaches, Disney Star on Wednesday revealed its 26 sponsors, featuring prominent brands including — PhonePe, Mahindra and Mahindra Ltd, Dream11, Hindustan Unilever, Coca-Cola, Havells, IndusInd Bank, Pernod India, Booking.com, Peter England, Kingfisher Packaged Drinking Water, Mondelez, Emirates, Diageo, Jindal Panther, MRF Tyres, LendingKart, BPCL, Herbalife, Haier Appliances, AMFI, Google …
Brokerage firm Jefferies downgraded BPCL while Morgan Stanley maintained an overweight rating on HDFC Bank. HSBC initiated a buy rating on IIFL Finance and Axis Securities recommended a buy on Hindalco Industries. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on oil & gas sector: BPCL, …
Shares of oil marketing companies (OMCs) fell in Wednesday’s trade following the government’s decision to slash prices of LPG cylinders by Rs 200 per refill. Hindustan Petroleum Corporation (HPCL) was the top loser as stock price declined 2.5% to the day’s low of Rs 350.20. Meanwhile, Bharat Petroleum Corporation (BPCL) and Indian Oil Corporation (IOC) …