Time Stamp: November 4, 2024, 9:49 AM
Market Update:
Oil Marketing Companies (OMCs) are experiencing a significant decline in early trading, with several stocks down by notable percentages.
- IOC: Down by 4.42%, trading at ₹138.58
- MRPL: Declined by 3.37%, currently at ₹146.40
- ONGC: Dropped by 2.19%, trading at ₹265.80
- BPCL: Fell 3.04%, trading at ₹303.50
- HindPetro: Decreased by 3.02%, trading at ₹369.50
- OIL: Down by 2.11%, at ₹463.00
- Chennai Petro: Notable decline of 4.87%, trading at ₹623.70
- Reliance: Down by 2.78%, trading at ₹1,301.45
The OMC sector is facing widespread selling pressure, with Chennai Petro and IOC among the top losers, followed by BPCL and HindPetro, reflecting overall weakness in the segment.
Disclaimer: This report is for informational purposes only and does not constitute financial advice. Please consult a financial advisor for guidance on investment decisions.
