MORNING CALLS: OMC stocks gain as crude oil price eases; BPCL, HPCL stocks spurt 2% - Highlight Investment Research

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Wednesday 18 September 2019

MORNING CALLS: OMC stocks gain as crude oil price eases; BPCL, HPCL stocks spurt 2%

Britannia Industries falls 3% after Credit Suisse downgrades stock rating.

Shares of Oil Marketing Companies (OMCs) were trading higher on Wednesday after the international benchmark for crude oil prices fell in today’s trade.

The BSE Oil & Gas index rose 0.80% at 13,337 led by BPCLHPCL and Reliance Industries.

On the flip side, IGL and GSPL were trading in the negative zone.

BPCL and HPCL climbed 2% and among top gainers on the BSE Oil index, followed by Reliance, IOC and GAIL, which were also up 1% each.





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