Oil Stocks: The effect of increasing tension in the Middle East is now clearly visible on the oil sector of the Indian stock market. There was a huge fall in the shares of Indian Oil Corporation, Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited during trading on Monday. Shares of these three oil companies fell by about 8% to 9%, which increased concern among investors. This decline in the market has come at a time when crude oil prices are rising and geopolitical tensions are continuously increasing.
IOCL vs BPCL vs HPCL Share Price: Iran war broke the morale of oil companies, shares fell by 9%; Brokerage gave a SELL rating of 1 – Market
