With the Union Budget 2026-27 just weeks away and Brent crude hovering near $60 a barrel, JM Financial is urging investors to pick their oil and gas bets carefully. The brokerage has reiterated buy ratings on Oil India and ONGC, while warning of fiscal risks for state-run oil marketing companies, maintaining a sell on HPCL…
Indian frontline indices recorded strong gains this week, jumping by over 4% in the past five trading sessions. BFSI, auto, metal, and realty sectors hogged the limelight. On Friday, the BSE Sensex jumped 557.45 points, or 0.73%, to 76,905.51, while the Nifty climbed 159.75 points, or 0.69%, to end the day at 23,350.40. Nifty continues…
Target Price: Rs 600Stop Loss: Rs 526 On a weekly time frame, Hindustan Petroleum Corporation Ltd has given a breakout of the Pennant Pattern on the upside forming a continuation pattern. On the EMA front, the prices are trading above important EMA’s (14,21,50) price trading above all the three EMA which indicates bullishness in the…