State-run oil companies gain ahead of ONGC results

Tags: Companies
Shares of state-run oil companies gain on hopes of better-than-expected results by sector leader Oil and Natural Gas Corp later in the day.

Hopes of lower subsidy losses as crude oil falls help oil retailers.

Brent near 13-month trough below $103 on brisk supplies.

ONGC is up 1.8 percent, while Oil India is up 1.2 percent.

Among retailers, Hindustan Petroleum Corp gains 3.3 percent, Bharat Petroleum Corp advances 3.1 percent while Indian Oil Corp is higher by 2.9 percent.

EDITORIAL OF THE DAY

  • Fall in sale of e-books globally is being attributed to screen fatigue

    Screen fatigue seems to have hit the human race big time, given that eyes are constantly exposed to various screens, from android and Apple I-phones,

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sandeep Bamzai

Disequilibrium: INDIA’S kill zones

In a curious twist after the 1999 Lok Sabha hustings, ...

Gautam Datt

<b>Newsmaker<b>: Caught in the middle

Historic opportunities can be easily squandered if they are not ...

Kuruvilla Pandikattu

The forgotten hero of science & religion

Young students of science will recognise Albert Einstein, Isaac Newton, ...