OMC STOCKS INDIA
Assam LPG, fuel supply fully stable, adequate stocks available: IndianOil AOD
Nitin Bhatnagar, Executive Director and State Head of IndianOil AOD State said that the supply of domestic LPG cylinders and petroleum products in the state of Assam remains completely normal and adequate stocks of both LPG and petroleum products are available across the state
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analysts
What is evident in the last few trading sessions is how the street is treating Q4 earnings numbers. If a company delivers in terms of numbers, the street has money flowing into that stock. So, clearly, from a blanket bearish phase we have moved into stock-selective mode. ET Screener, powered by Refinitiv’s Stock Report Plus, lists quality stocks with high upside potential over the next 12 months, and having an average recommendation rating of “Buy” or "Strong Buy". This predefined screener is only available to ET Prime users.
BPCL, HPCL, IOC shares jump up to 5% as oil's skyrocketing rally cools down on fresh Iran-US peace talk hopes
OMC stocks surged as easing oil prices, driven by renewed hopes of US-Iran peace talks, lifted sentiment. Crude remained below the key $100 mark, reducing margin pressure concerns. Improved geopolitical outlook and steady vessel movement through Hormuz supported gains, while refiners also traded higher amid broader optimism in energy markets.
Oil retailers losing Rs 21 per litre on petrol and Rs 28 on diesel: Jefferies
Indian state-run oil companies are facing significant losses on fuel sales, with petrol and diesel losses reaching Rs 21 and Rs 28 per litre respectively, despite a recent excise duty cut. Surging global refining margins, driven by Middle East supply disruptions and Russian infrastructure damage, have exacerbated the situation, leading to frozen retail fuel prices.
RBI's calibrated decision aimed at strengthening economic environment: Experts
The Reserve Bank of India has kept its key policy rate unchanged. This decision reflects a cautious approach amid global economic uncertainties. Experts believe this move aims to stabilize the economy. Policymakers are assessing the impact of the Iran conflict on energy and inflation. The central bank prioritizes growth while monitoring inflation risks.
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Nifty target 26,000: Bernstein’s Venugopal Garre lists 6 sectors to buy amid Iran war ceasefire
Brokerage Bernstein set a year-end target of 26,000 for the Nifty 50, with strategist Venugopal Garre saying the United States–Iran ceasefire marks an “off-ramp” from recent hostilities. Falling crude risks support rebounds in financials, oil marketing companies, travel, chemicals, paints and construction.
India has adequate seed stock available amid the Israel-Iran war, says govt official
India assures ample seed availability for the upcoming sowing season. This comes as global supply chains face disruptions. The nation boasts a self-reliant seed system. For the Kharif Season 2026, a surplus of 19.29 lakh quintals is reported. This ensures agricultural needs are met, providing stability for farmers.
PSU banks emerge most resilient in FY26 despite macro headwinds, deliver up to 57% returns
As FY27 begins, FY26 was marked by global uncertainty and domestic headwinds, with the Nifty 50 falling 5%. Amid tariffs, FII outflows, weak earnings, and geopolitical tensions, PSU banks outperformed, delivering a 57% return, supported by improving asset quality, strong balance sheets, sustained credit growth, and attractive valuations, drawing investor interest even amid broader market volatility.
HPCL, BPCL, IOC shares surge up to 4% as oil falls below $100 amid hopes for Iran-US war cooling off
Oil marketing company shares saw a significant jump on Wednesday. This rise followed a drop in oil prices below the $100 per barrel mark. Investors are hopeful for an end to the Iran-US conflict. This development has cheered shareholders of companies like HPCL, BPCL, and IOC. Earlier, rising oil prices had impacted these companies negatively.
Jubilant Foodworks shares drop 3% as LPG shortage hits Domino's Pizza's India operator
Jubilant Foodworks faces operational pressure as LPG supply to parts of its Domino’s and Dunkin’ outlets is constrained amid Middle East tensions. The company is switching to alternative energy sources and engaging with oil marketing companies. QSR stocks have declined in March, while India ensures LPG imports remain uninterrupted.
Petrol, diesel price today (March 28): Did excise duty cut bring relief? Check latest city-wise prices in Delhi, Mumbai, and more
Petrol , diesel price today (March 28): Fuel rates remained unchanged across major Indian cities on March 28, 2026, following a strategic intervention by the Central Government. On Friday, the government slashed excise duties by ₹10 per litre for both fuels, bringing the special additional excise duty on diesel to zero and petrol to ₹3 per litre.
Petrol, diesel excise duty cut by Rs 10, but here’s why it may not be good news for you
The government has reduced excise duty on petrol and diesel. This move aims to help oil companies manage surging global crude prices. Consumers may not see immediate price drops. The reduction is intended to stabilize current rates rather than lower them. This action comes amid rising fuel costs and potential public concern ahead of state elections.
Indian markets at crossroads: Neeraj Dewan on sectors worth watching while the world waits for a deal
Indian equity markets are in a cautious holding pattern due to geopolitical uncertainty, but market expert Neeraj Dewan suggests the worst volatility may be over. He highlights the government's move to cushion Oil Marketing Companies as a smart buffer against inflation, and identifies selective opportunities in sectors like IT, pharma, and defence for patient investors.
HPCL, BPCL, IOC shares rise up to 4% as govt cuts excise duty on petrol and diesel; what lies ahead?
Oil marketing company shares are in focus after the government reduced excise duty on petrol and scrapped it on diesel. This move follows a surge in global crude oil prices and a price hike by private retailer Nayara Energy. Brokerages, however, remain cautious, citing potential margin pressures and elevated oil prices.
Nayara hikes petrol and diesel prices up to ₹5 per litre effective immediately; first since Middle East war
Petrol, Diesel Price Hike: Nayara Energy, India's largest private fuel retailer, has increased the price of petrol by ₹5 per litre and diesel by ₹3 per litre across its nearly 7,000 outlets. According to sources cited by PTI, the price adjustment follows a 50 per cent surge in international oil prices triggered by the military conflict between the United States, Israel, and Iran.
Oil's new normal to be $80? Ambit downgrades HPCL, BPCL, IOC shares to 'Sell', slashes target price by up to 57%
Ambit Institutional Equities has downgraded HPCL, BPCL and IOC to ‘Sell’, citing sustained high crude prices and limited government support. It sees Brent crude stabilising around $80 to $100 per barrel, pressuring OMC margins, while favouring upstream and gas companies as beneficiaries of elevated energy prices and macro shifts.
Let us act responsibly, support seamless fuel availability for all: Indian Oil Chairman cautions against panic buying
Indian Oil Corporation Chairman Arvinder Singh Sahney urged the public to act responsibly and disregard unverified rumors of petrol and diesel shortages. Leading Oil Marketing Companies, including BPCL and HPCL, have assured citizens that fuel supplies are stable nationwide with adequate stocks, advising against panic buying.
Both Nifty bulls and bears left guessing as Iran war trajectory gives mixed signals to investors
Indian markets posted 2% rebound on Tuesday even as conflicting signals from the US and Iran kept investors on edge. While President Donald Trump hinted at progress in talks and delayed military action, Tehran denied any negotiations. With the Strait of Hormuz still disrupted, uncertainty over oil supply and the war’s trajectory continues to cloud market sentiment.
Nifty to rebound 5%, says Emkay Global after naming 5 stocks that will lead market recovery
Emkay Global Financial Services expects the Nifty to rebound 5% as geopolitical tensions ease, with markets pricing in a peace-led recovery. Nifty 50 weakness, driven by FPI outflows, may reverse, while Donald Trump’s pause on Iran strikes boosts sentiment and supports risk appetite returning.
India's strategic oil reserves about two-thirds full: Minister
India's strategic oil reserves are currently at 64 percent capacity. This comes as the nation relies heavily on imports for its energy needs. Geopolitical events have highlighted the importance of these reserves. India is working to expand its storage capacity and diversify its oil sources to ensure energy security.
Rs 14 lakh cr wiped out as Sensex sinks 1,837 pts, Nifty tests 22,500; 7 triggers behind today's market crash
Indian stock markets experienced a significant downturn on Monday, with Sensex and Nifty both plummeting. This sharp selloff, wiping out substantial market capitalization, was driven by escalating geopolitical tensions, a weakening rupee, and broad-based losses across all sectors. Investors reacted negatively as major indices and most individual stocks traded in the red.
Iran-US war jitters hit airlines: SpiceJet tumbles 10%, IndiGo down 6% as ATF price hike looms from April 1
Airline stocks fell sharply Monday. Experts predict a significant rise in jet fuel prices from April 1. This follows recent declines due to Middle East conflict concerns. International fuel prices have nearly tripled. Indian fuel prices may increase substantially. Discussions are underway to manage costs. Airlines are introducing fuel charges to offset expenses. This situation impacts operations and passenger fares.
Indian oil companies hiked premium petrol price today after a 4 years gap; Here's the real reason why
Petrol price hike: State-owned oil marketing companies raised prices of their premium-grade petrol variants by Rs 2.09 to Rs 2.35 per litre with immediate effect on Friday, while regular petrol and diesel prices stayed unchanged. The increase applies to high-performance fuels such as BPCL Speed, HPCL Power and IOCL XP95.
83% of BSE 500 stocks plunge up to 35% amid Mideast war. Do you own any?
The Iran-Israel/US war has triggered a broad sell-off in Indian equities, with 83% of BSE 500 stocks trading in the red. Rising energy prices and the US Federal Reserve holding interest rates have compounded market woes, alongside a falling rupee. Company-specific issues, like IDBI Bank's divestment concerns, have also impacted sentiment.
Indian Crude Basket: What it is, why it’s not Brent, and why the $146 number matters more than you think
Are you getting anxious hearing news about Brent crude at $110? What we will tell you could make you even more anxious: India’s official crude basket – comprising mostly Oman/Dubai sour crude – is at a much higher $146.09. Why this $40-per-barrel gap? This gap is not some glitch – it’s a fiscal worry. This story is about the Indian crude basket: What it is, how it’s constructed, why it diverges from Brent, what premium India is really paying, and what it means for your money.
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analysts
Bears are dominating the markets all over the world, and the latest macro-economic numbers from the US will only help them. This, combined with all the oil infrastructure getting hit in the Gulf war and crude oil price staying high, only increases the probability of the Indian market staying under pressure for a longer period of time. So, it is time to be very selective if you are planning to deploy funds in the market.
Can oil hit $200? How the worst-case scenario could hurt D-Street and Indian economy
Escalating US-Iran tensions in the Gulf raise fears of a major oil supply disruption, potentially pushing prices to $200 a barrel. India, heavily reliant on oil imports, faces significant economic risks including a widening current account deficit, a weaker rupee, and increased inflation. Markets are already reacting negatively, with stock indices and oil marketing companies experiencing sharp declines.
HPCL, BPCL, IOC shares fall 2% as oil holds above $100; what lies ahead?
Indian oil marketing companies' shares dropped over 2% as oil prices surged past $100 per barrel amid the ongoing Iran-Israel-US conflict. The Strait of Hormuz remains effectively closed, leading to expectations of prolonged disruptions and potential price hikes to $150 per barrel.
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