Nomura believes oil marketing companies (OMCs) are likely to face margin pressure after the government raised prices of aviation turbine fuel (ATF) and commercial liquefied petroleum gas (LPG)
The futures & options market positioning reflects heavy short build-up, creating conditions for sharp but temporary short-covering rallies, says Systematix Institutional Equities.
The Government of India has not announced any windfall tax on domestic crude realisations; this is a key positive for ONGC and Oil India, believe analysts.
Stocks to Watch today, March 27, 2026: BPCL, IOCL, Oil India, RIL, and others will be in focus; here's why
Analysts have revised their forecasts for oil & gas prices for the remaining part of 2026 as developments in West Asia continue to unfold.
Stocks to Watch today, March 25, 2026: From OMCs to RIL, here is a list of stocks that will be in focus today
Oil prices rose after Iran attacked several energy facilities across West Asia following a strike on its South Pars gas field, a major escalation in Tehran's war with the US and Israel
Antique upgraded GAIL (India) Ltd. to 'Buy' from 'Hold', citing the sharp correction in the stock price despite a relatively limited impact on its target price
Ajit Mishra of Religare Broking recommends Nifty strategy and two stocks to buy; check details here
Kunal Kamble, technical analyst at Bonanza helps decode a trading strategy in oil & gas related stocks as Crude Oil prices surge to a multi-year high around $119 per barrel on Monday.
The prospects for OIL and ONGC may improve - with volume growth, stronger gas realisations and delta from refining/downstream subsidiaries likely aiding consolidated earnings momentum, say analysts.
Oil India Q3 revenue from operations stood at ₹9,111.43 crore, largely flat on a year-on-year (Y-o-Y) and sequential basis
In the past one month, the BSE Oil & Gas index has outperformed the market by gaining 2.2 per cent, as against 2.2 per cent decline in the BSE Sensex.
Aakash Shah, technical analyst at Choice Equity Broking expects ONGC, Oil India and BPCL to gain up to 10 per cent from here based on the strong chart patterns.
At 11:21 AM on Wednesday; the BSE Oil & Gas index was the top gainer among sectoral indices, up 2.4 per cent, as compared to 0.16 per cent decline in the BSE Sensex.
ONGC in an exchange filing said that the rise in the company's share price was attributable to the increase in the world crude oil prices.
Oil India hit a 52-week high at ₹492, as the stock rallied 10 per cent, while ONGC surged 7 per cent to ₹266.05 on the BSE in intra-day trade on Wednesday.
Chandan Taparia of Motilal Oswal suggests buying HClTech, SAIL and Oil India; check all details here
Share price of Oil India hit an eight-month high of ₹467.30, gaining 4 per cent on the BSE in Wednesday's intra-day deals.
Kunal Kamble, sr. technical research analyst at Bonanza, has recommended buying shares of Oil India, Equitas Small Finance Bank, and Dredging Corporation of India today