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ONGC, Asian Paints: Bull sentiment intact in oil-linked stocks, charts show

Shares of Oil and Natural Gas Corporation (ONGC) rose as much as 4.6 per cent to hit an intra-day high of Rs 99.35 apiece on the BSE, while those of GAIL and BPCL gained up to 3.5 per cent

BPCL stock needs to decisively conquer the trendline resistance of Rs 400 levels to scale up to Rs 425 and Rs 440 levels
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BPCL stock needs to decisively conquer the trendline resistance of Rs 400 levels to scale up to Rs 425 and Rs 440 levels

Avdhut Bagkar Mumbai
Oil-linked stocks were in focus on Wednesday as Brent crude prices climbed to their highest since February 2020. Shares of Oil and Natural Gas Corporation (ONGC) rose as much as 4.6 per cent to hit an intra-day high of Rs 99.35 apiece on the BSE in an otherwise subdued market, while those of GAIL and BPCL gained up to 3.5 per cent. On the sectoral level, S&P BSE Oil and Gas index advanced nearly 2 per cent on the BSE and was among the top sectoral gainers. In comparison, the S&P BSE Sensex was trading flat at 48,441 on the

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