OMC stocks fall after global crude oil prices crossed $100 per barrel
Oil marketing company (OMC) stocks tumbled after global crude oil prices surged past the crucial $100 per barrel mark amid the escalating US-Iran war, raising concerns over global supply disruptions and inflationary pressures
Bharat Petroleum Corporation is currently trading at Rs. 330.55, down by 22.15 points or 6.28% from its previous closing of Rs. 352.70 on the BSE. The scrip opened at Rs. 331.05 and has touched a high and low of Rs. 339.80 and Rs. 322.95 respectively. So far 932078 shares were traded on the counter.
Hindustan Petroleum Corporation is currently trading at Rs. 382.75, down by 22.50 points or 5.55% from its previous closing of Rs. 405.25 on the BSE. The scrip opened at Rs. 370.10 and has touched a high and low of Rs. 386.40 and Rs. 370.10 respectively. So far 546190 shares were traded on the counter.
Indian Oil Corporation is currently trading at Rs. 161.40, down by 7.20 points or 4.27% from its previous closing of Rs. 168.60 on the BSE. The scrip opened at Rs. 159.35 and has touched a high and low of Rs. 162.00 and Rs. 156.30 respectively. So far 659065 shares were traded on the counter.
