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OMC STOCKS NEWS
No Nifty returns in 2 years? Axis AMC’s Shreyash Devalkar reveals where he's investing nowDespite muted index returns and significant FII outflows, the Indian equity market's underlying economy shows resilience with healthy earni...- Avoid chasing IT rally, focus on power and steel plays: Neeraj DewanMarket expert Neeraj Dewan advises selective investing amid volatility, favoring power, energy infrastructure, steel, aviation, commercial ...
- Geopolitical stability will decide market’s next move: Sandip SabharwalIndian equity markets are holding above 24,000, buoyed by improving sentiment and steady earnings, though geopolitical tensions remain a co...
- HPCL, BPCL and IOC shares slide up to 3% after petrol, diesel price hikeOil marketing company shares fell on Friday. Petrol and diesel prices saw a modest increase. This hike aims to ease financial pressure on c...
- ONGC shares jump over 4%, extend gains for second session. What’s triggering this rally?Shares of ONGC jumped over 4% on Tuesday as rising crude oil prices, driven by escalating US-Iran tensions and supply disruptions in the St...
- These large-, mid- and small-cap stocks can give more than 22% return in 1 year, according to analystsWhen a market is in a secular correction due to fears that the economy might take a hit for some reason, the fall is generally across the b...
- Pakistan is staring at an oil crisis as depots run dry: ReportThe Pakistan government is concerned about a potential oil crisis as some retail outlets of oil marketing companies (OMCs) have been found ...
- Government's decision on gas pricing will open up the sector more: Vinay Khattar"Overall have we moved forward in terms of pricing of the gas issue which has been on the back burner for very very long, yes we have."
- Oil subsidies to stay, OMCs at best trading buys: Nischal Maheshwari"OMCs have got a lot to be worried about because they are not a structural story in India. The structural story is that India has a large s...
- No diesel price hike is bad news for OMCs: Avinnash Gorakssakar"No diesel price will make OMCs bleed significantly"
- OMCs will continue to be range bound: Ritu Arora, CIO, Canara HSBC OBC Life InsuranceThough we have seen some correction in commodities, not as much in crude but of course rupee depreciation has eaten away into all the corre...
- Go short on OMCs such as HP, BP: CK Narayan"Any upside that you do get with an upward drift in a rising market would be yet another chance for you to sell and for traders to create s...
- Indian oil companies like Indian Oil, BPCL, HPCL may gain from fall in crudeThe global uncertainty after the US could lead to a fall in the prices of crude oil, which could turn out to be a blessing for the oil mark...
- Experts' call on oil marketing companiesIf you look at HPCL, this is one of the two strongest oil marketing companies. It has been rising since 24th of February and it was consoli...
- Bearish on oil stocks: Ashwani GujralIt is time for stocks of OMCs to correct. The news is out. So everybody who is holding long would probably like to take profits. The situat...
- We do not see too much downside in RIL: Dhiraj Agarwal, Standard Chartered CapitalWe think Reliance should be a sort of a buy hold, core holding here. In the last one and a half years a number of news has gone against the...
- Resume short positions in OMCs when rally fizzles out: Ashwani Gujral"The best way is that just wait for that rally to fizzle out and then again reassume short positions."
- A lot of potential upside in OMC stocks: Sajiv Dhawan, JV Capital ServicesSajiv Dhawan, MD, JV Capital Services, in a chat with ET Now talks about OMCs.
- OMC stocks attractive: Deepak Mohoni, trendwatchindia.comDeepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about the OMCs.
- The sentiment has improved in the oil and gas sector: Seshadri BharathanET Now caught up with Seshadri Bharathan, Investment Analyst to get his views on oil and gas stocks.
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