Back
Home » Business
  •  
    Filmi Bollywood
    • Nidhhi Agerwal Just 'Bro' Zoned KL Rahul & Twitterati Troll Him Mercilessly!
    • Like Janhvi Kapoor & Ishaan Khatter, 7 Other B-town Debut Jodis Who Created Huge Hype Before Release
    • Dhadak: Janhvi Kapoor Takes A Dig At Mainstream Filmmakers For Glorifying Class Divide!
    • Mouni Roy On A Roll! Actress Bags Her Third Film Titled 'Made In China' Opposite Rajkumar Rao
    • Sairat Vs Dhadak: Budget, Salary & Box Office Comparison Between The Two!
    • 21 Years Of Yes Boss: Juhi Chawla's Throwback Pic With SRK Will Crack You Up!
    • Kirik Party Hindi Remake: Kartik Aaryan Beats Sidharth Malhotra To Bag The Main Lead!
    • Blackbuck Poaching Case: Jodhpur Court Hears Salman Khan’s Plea Against Conviction!
    • Amitabh Bachchan-Shweta Bachchan's First Ad Is Going Viral For All The Emotional Reasons!
    • Rajesh Khanna's 6th Death Anniversary: Revisiting Anand- One Of His Most Iconic Films!
    • This Is How Janhvi Kapoor Reacted When Asked About Her 'Rivalry' With Sara Ali Khan!
    • When Janhvi Kapoor Told Sridevi She Is A Bad Mamma & Didn't Talk To Her For Three Days
OMC And Airline Stocks Gain After Crude Sees Biggest 1-Day Fall Since 2016
Good Returns | 12th Jul, 2018 01:44 PM

After the brent crude slumps in price overnight to a record low in two-years time, shares from both the oil marketing and airlines space made gains while the overall Sensex and Nifty index were upbeat pushed by heavyweights such as RIL etc.

Shares from the OMC space such as those including BPCL, IOC, HPCL rose by over 5% to Rs. 385.80, Rs. 164.20 and RS. 281.50 per share, respectively on the BSE.

The S&P BSE Oil and Gas Index was trading higher with gains of as much as 2%.

Meanwhile stocks from the aviation bucket also made gains from 4-7%. Interglobe Aviation which runs the no-frill low cost air carrier hit an high of Rs. 1,121.3 by surging over 4% on the BSE. While another stock, Spicejet made gains by as much as 6.57% to Rs 117.60 on the BSE.

Also, in intra-day session today, in a landmark, RIL stock hit a new high with market cap reaching $100 billion by surging as much as 5%.

As per Reuters report, escalating US-China trade war tensions are threatening to impact oil demand. Also, the news that Libya would reopen its supply raised expectations of increased supply.

Goodreturns.in

   
 
Health and Life
  • 5 Best Tips For Skinny Guys Trying To Gain Muscles
  • 7 Types Of Belly Fat And How To Get Rid Of Them
  • Are Dating Apps Causing A Rise In STDs Among People?
    • Gym With AC or Non AC: Which Is Better For Workout?
    • Is It Normal To Lose Your Period Because Of Exercise?
    • How to Lose Weight Without Counting Calories
      • Is It Important For All Men To Get A Prostate Cancer Test Done?
      • Why Women Feel Hungrier Around Their Period
      • Why Do You Get Hunger Headaches?
        • Keystone Virus: Know About The Deadly New Virus Affecting Humans
        • 7 Super-Healthy Probiotic Foods You Should Be Consuming
        • Ayurvedic Treatment For Hair Loss Due To PCOS
          • 8 Health Benefits Of Garcinia Cambogia
          • 5 Cardio Workouts You Can Do At Home Without Equipment
          • Why Shouldn't You Swim After Eating
            • How Sleep And Weight Loss Are Connected
            • What Is Cave Disease? Here's All You Need To Know
            • Health Benefits Of Vitamin B
              • How To Use Ginger For Back Pain Relief
              • How Much Protein Do You Exactly Need For Weight Loss?
              • Brain Tumour Risk Can Be Reduced By Regulating Cell Phone Usage