IOC, BPCL, HPCL stocks slide as rising oil prices weigh on OMCs, aviation & chemical stocks

IOC, BPCL, HPCL stocks slide as rising oil prices weigh on OMCs, aviation & chemical stocks


Shares of crude-sensitive sectors such as oil marketing companies (OMCs), aviation, paints and chemicals declined on Thursday’s trade as global crude oil prices continued to surge amid escalating geopolitical tensions.

Among OMCs, Indian Oil Corporation (IOC) fell 4 per cent in early trade to ₹154.06 from its previous close of ₹160.63.

Bharat Petroleum Corporation Limited (BPCL) slipped over 3 per cent to ₹314 compared with ₹325.05 earlier, while Hindustan Petroleum Corporation Limited (HPCL) declined more than 4 per cent to ₹367.50 from ₹384.25.

IOC, BPCL, HPCL fall up to 4 per cent on margin concerns.

IndiGo drops 3.5 per cent as surging fuel costs weigh on aviation stocks

Asian Paints, Berger Paints India decline amid crude-linked input cost fears

Oil tops $100 per barrel despite proposed reserve release by International Energy Agency

Aviation major IndiGo also came under pressure, with shares falling 3.5 per cent to ₹4,194.10 from the previous close of ₹4,350.70 as higher fuel costs threatened profitability.

Paint makers, which are heavily dependent on crude-linked raw materials, also witnessed selling pressure. Asian Paints and Berger Paints India declined between 1 per cent and 3 per cent during the session.

The decline in crude-sensitive counters came despite global efforts to calm oil markets through emergency reserve measures, signalling investor concerns that supply disruptions may persist longer than expected.

The International Energy Agency (IEA) has proposed a release of emergency oil reserves to ease supply pressures. A report by The Wall Street Journal said the agency is considering its largest-ever coordinated reserve release aimed at cooling crude prices.
However, geopolitical risks continued to escalate. Iraq halted operations at its oil terminals after ships were reportedly targeted, adding to global supply uncertainties.

Rating agency S&P Global Ratings had recently warned that profit margins of oil marketing companies such as IOC, BPCL and HPCL could come under strain as they may keep retail fuel prices unchanged to help contain inflationary pressures.

Oil prices have climbed sharply since the start of the US-Iran conflict, with crude rising above $100 per barrel earlier this week. The Strait of Hormuz — a critical route that handles nearly a fifth of global crude oil and liquefied natural gas flows — remains effectively closed, intensifying fears of prolonged supply disruptions.

Published on March 12, 2026



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तेल बाजार में कोहराम! 100 डॉलर के पार गया भाव, अब ईरान ने दे दी यह चेतावनी

तेल बाजार में कोहराम! 100 डॉलर के पार गया भाव, अब ईरान ने दे दी यह चेतावनी


Oil Price: आज गुरुवार को अंतरराष्ट्रीय तेल मानक ‘ब्रेंट क्रूड’ की कीमत में जबरदस्त तेजी देखने को मिली. गुरुवार जल्द सुबह इसकी कीमत 8.2 परसेंट की तेजी के साथ 100 डॉलर प्रति बैरल के पार पहुंच गई है.

दरअसल, इराक के जल क्षेत्र में विस्फोटकों से लदी ईरानी नावों ने Safesea Vishnu और Zefyros नामक दो तेल टैंकरों को निशाना बनाया. ईरान की इस कार्रवाई के बाद इराक ने सुरक्षा कारणों का हवाला देते हुए अपने सभी तेल टर्मिनलों पर परिचालन पूरी तरह से बंद कर दिया है. इससे क्रूड की सप्लाई पर मामला फिर से गड़बड़ा गया है.

ईरान ने क्यों किया हमला?

बताया जा रहा है कि यह हमला दुनिया भर में तेल की कीमतों को कम करने के लिए IEA के उठाए गए कदम का जवाब है. दरअसल, इंटरनेशन एनर्जी एजेंसी (IEA) ने युद्ध के चलते दुनियाभर में महंगे होते तेल को देखते हुए अपने इमरजेंसी स्टॉक से 400 मिलियन बैरल तेल बाजार में उतारने का फैसला लिया. अब जब बाजार में तेल ज्यादा होगा, तो कीमत अपने आप कम हो जाएगी.

अमेरिका के अलावा जापान, दक्षिण कोरिया, जर्मनी और ब्रिटेन जैसे विकसित देश भी अपने ‘स्ट्रैटेजिक पेट्रोलियम रिजर्व’ कुछ-कुछ हिस्सा निकाल रहे हैं. इधर, ईरान नहीं चाहता कि तेल की कीमतें कम हो ताकि अमेरिका और यूरोप पर युद्ध रोकने का दबाव बनाया जा सके. ईरान ने इराक के टैंकरों पर हमला कर यह संदेश दिया- ”तुम जितना तेल बाजार में उतारोगे, हम उतने टैंकर तबाह कर देंगे.”

ईरान ने दे डाली चेतावनी

ईरान ने अपने तेल केंद्रों और रिफाइनरियों पर अमेरिका और इजरायल के हमलों के खिलाफ कड़ा रुख अपनाते हुए दुनिया को तेल की कीमतें 200 डॉलर प्रति बैरल तक पहुंचने की चेतावनी दी है. ईरान ने साफ-साफ कह दिया है कि वह होर्मुज स्ट्रेट में से होकर तेल की एक बूंद भी अमेरिका या इजरायल तक नहीं जाने देगा. जबकि दुनिया को सप्लाई होने वाला लगभग 20 परसेंट तेल इसी रास्ते से होकर गुजरता है. 

ईरान के हमले का भारत पर असर

भारत अपनी जरूरत का लगभग 80-85 परसेंट हिस्सा मिडिल ईस्ट से आयात करता है. इराक भी भारत का एक बहुत बड़ा सप्लायर है. यहां से भारत लगभग 20 परसेंट कच्चे तेल का आयात करता है. इराक के टैंकरों को ईरान के निशाना बनाए जाने के बाद तेल पोर्ट पर ऑपरेशन रोक दिए जाने के इराक के फैसले का भारत पर भी असर दिखेगा.

ग्लोबल लेवल पर तेल की कीमतें बढ़ेगी, तो जाहिर तौर पर भारत में इसका असर दिखेगा. तेल पर इसी संकट को देखते हुए आज भारतीय शेयर बाजार में भी बड़ी गिरावट देखी जा रही है. सेंसेक्स 900 अंक से ज्यादा लुढ़क चुका है. निफ्टी में भी बड़ी गिरावट देखी जा रही है.

ये भी पढ़ें:

ओमान से भारत के रास्ते चल पड़ा LNG से ठसाठस भरा कार्गो, देश में गैस संकट के बीच GAIL ने किया बड़ा सौदा 



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Nomura hires FX traders in Asia on bet high volatility to drive demand

Nomura hires FX traders in Asia on bet high volatility to drive demand


Nomura Holdings is
bolstering its foreign-exchange and emerging markets trading
teams in Asia ‌on the view that volatility will persist, driving
demand from its clients.

Japan’s ​biggest brokerage also expects the favourable market
conditions that drove global ⁠equities to all-time highs will
soon reassert themselves as geopolitical tensions ease and
record oil prices retreat.

“Our macro businesses tend to perform well in periods of
volatility. So that has been a big ‌theme for us and probably is
going to continue being one of our main focus areas,” Nomura’s
head of global markets, Rig Karkhanis, said ‌in an interview with
Reuters this week.

The macro business spans interest rates, foreign ‌exchange
and ⁠emerging markets trading, which clients use to diversify and
rebalance their ⁠portfolios.

Despite expecting prolonged volatility, Karkhanis projects
the overall favourable environment for stocks has another two
years to run, driven by large-scale investment in artificial
intelligence infrastructure that will boost productivity and
growth.

“My base case is we’ll ​see a normalisation of geopolitical
risk. Oil ‌price volatility is likely a short-term phenomenon and
we should go back to where we were two or three months ago,” he
said.

Nomura’s latest recruitment drive builds on the turnaround
in its markets business in recent years, as it has ‌sought to
assert itself as a global player and maintain profits regardless
of ​market conditions.

Karkhanis said Nomura is also hiring for its U.S. rates
business under new head of U.S. rates Moritz Westhoff, who was
appointed in ⁠August last year.

He declined to specify the scale of any of the hiring.

Nomura beefed up its spread products business – primarily
credit trading – around two and a half ‌years ago as interest
rates began to be cut worldwide, and bolstered equities trading
a year or so ago in a wager that share markets would rally.

Broad market volatility over the past year has been a boon
for Nomura’s trading revenue, which climbed to 716 billion yen
($4.5 billion) in the first nine months of the fiscal year
ending in March.

“Next year I think it’ll be another very strong year,”
Karkhanis ‌said.

JAPANESE DEBT IN DEMAND

A normalisation of geopolitical tensions should bring down
yields for long-end Japanese government bonds, ​he said.

Demand for the debt has been growing as global asset
managers increase allocations, particularly at the long end,
where yields are similar ⁠to those of comparable European bonds,
Karkhanis said. If domestic asset managers also increase
purchases, then ⁠long-end JGB yields have room to come down even
further, he added.

The challenge for the industry is finding traders who have
experience with JGB yields ‌at levels not seen since Japan’s
bubble economy of the 1980s and early 1990s.

“We would love to hire more JGB traders,” Karkhanis said.
“Japan rates traders are ​probably the most in demand globally,
so it’s highly competitive.”

Published on March 12, 2026



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Bahrain warns residents to stay indoors after Iranian strike on Muharraq fuel tanks

Bahrain warns residents to stay indoors after Iranian strike on Muharraq fuel tanks


The regional volatility has already turned fatal, as a separate Iranian strike on Bahrain resulted in the death of one individual.

Bahrain’s Ministry of Interior has issued an urgent advisory to the public following a significant blaze in the Muharraq Governorate.

Citizens and residents across Hidd, Arad, Qalali, and Samaheej have been instructed to “remain in their homes, close windows and ventilation openings” as emergency services manage the situation.

According to the ministry, these directives serve as a “precaution against potential effects of smoke” resulting from the inferno. This local emergency follows an earlier report by Al Jazeera, which stated that Bahrain was responding to an Iranian attack on fuel storage tanks within the Muharraq Governorate.

The regional volatility has already turned fatal, as a separate Iranian strike on Bahrain resulted in the death of one individual. As reported by Al Jazeera, this occurred amidst a broader wave of missile and drone interceptions across Saudi Arabia, Kuwait, Qatar, and the United Arab Emirates.

The Bahraini Ministry of Interior confirmed on Tuesday that a 29-year-old woman was killed and eight others sustained injuries following a strike on a residential building in the capital city, Manama. This follows a previous drone attack on the island of Sitra, which left two people, including children, wounded.

In response to the barrage, Bahraini authorities stated that their air defences have successfully neutralised 105 missiles and 176 drones launched by Tehran. The General Command of the Bahrain Defence Force asserted that its systems remain active in responding to these “heinous” Iranian attacks.

Across the region, the conflict has intensified significantly. In the UAE, sirens were activated in Dubai, while officials in Abu Dhabi managed a fire at the Ruwais industrial complex caused by a drone strike.

Simultaneously, Saudi forces downed two drones over the kingdom’s eastern region, and Kuwaiti National Guard units intercepted six drones. Al Jazeera noted that Qatar’s armed forces also successfully blocked a missile attack aimed at the country during this widespread escalation.

Majed al-Ansari, spokesperson for Qatar’s Foreign Ministry, stated that while Doha remains committed to diplomacy, any aggression would be “dealt with appropriately.” This escalating violence coincides with comments from US President Donald Trump, who suggested the conflict might be a “short excursion”.

However, the US President later warned on social media that Washington would drastically ramp up its military response if Tehran attempted to obstruct the Strait of Hormuz. According to Al Jazeera, the persistent targeting of energy infrastructure has already caused a sharp spike in global oil prices.

In Qatar, the inability to transport oil and gas through the Strait of Hormuz has forced a partial halt in production, with 17 ballistic missiles and seven drones intercepted on Tuesday alone. Energy giants are feeling the strain, with Bahrain’s Bapco declaring force majeure after sustained strikes on its installations.

Al Jazeera reported that Saudi Arabia’s Shaybah oilfield, which yields one million barrels daily, has also faced relentless pressure, raising serious concerns regarding Gulf energy security. Consequently, Brent crude prices reached nearly $120 on Monday before settling around $90, marking a 24 per cent increase since hostilities began on 28 February.

Despite Iran halting tanker traffic through the strategic waterway, President Trump maintained a hardline stance. He vowed that any interference with the flow of oil would result in the US hitting Iran “TWENTY TIMES HARDER” than previous strikes.

In a defiant retort published via Iranian state media, Ali Mohammad Naini, a spokesperson for the Islamic Revolutionary Guard Corps, countered the American position. He asserted that “Iran will determine when the war ends.”

Published on March 12, 2026



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Stock Market Live Mar 12:  Stock to buy today: Ipca Laboratories (₹1,532.20) – BUY

Stock Market Live Mar 12: Stock to buy today: Ipca Laboratories (₹1,532.20) – BUY


Abstract Finance Technology Concept – 3d rendered image. Fintech background. Analyzing Digital Data, Statistics, Financial Chart, Economy, Stock market idea. Financial technology graph with trends lines. istock photo for BL
| Photo Credit:
koto_feja

ensex, Nifty Today| Stock Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 12 March 2026

The short-term outlook is bullish for Ipca Laboratories. The stock has been going gradually higher over the last one month. The recent price action indicates that the stock is getting good buyers around ₹1,450.

Below this, ₹1,410 will be the next support. Moving average cross overs on the daily chart also strengthens the bullish case.

It indicates that the downside could be limited from here. Ipca Laboratories share price can rise to ₹1,640 in the coming weeks.

Traders can buy Ipca Laboratories shares now at ₹1,532. Accumulate on dips at ₹1,510. Keep the stop-loss at ₹1,460.

Trail the stop-loss up to ₹1,555 as soon as the stock goes up to ₹1,575. Revise the stop-loss higher to ₹1,580 and ₹1,610 when the price touches ₹1,605 and ₹1,620 respectively. Exit the long positions at ₹1,640.

(Note: The recommendations are based on technical analysis. There is risk of loss in trading.)

  • March 12, 2026 06:42
    Technicalcallbuy
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    Stock to buy today: Ipca Laboratories (₹1,532.20) – BUY

    Stock to buy today: Ipca Laboratories (₹1,532.20) – BUY

    Traders can buy Ipca Laboratories shares now at ₹1,532. Accumulate on dips at ₹1,510. Keep the stop-loss at ₹1,460

Published on March 12, 2026



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US to release 172 million barrels from Strategic Petroleum Reserve to reduce oil prices

US to release 172 million barrels from Strategic Petroleum Reserve to reduce oil prices


U.S. Secretary of Energy Chris Wright speaks during the 2026 Infrastructure Summit of government officials, corporate executives, and labor leaders, in Washington, D.C., U.S., March 11, 2026.
| Photo Credit:
REUTERS/Kylie Cooper

The U.S. ‌will release 172 million barrels of oil ​from its strategic petroleum ⁠reserve in a bid to reduce oil prices that have soared due to supply shocks from ‌the U.S.-Israeli war on Iran, U.S. Energy Secretary Chris Wright said ‌on Wednesday.

Wright said the release is ‌part ⁠of a broader release of ⁠400 million barrels of oil agreed to by the 32-nation International Energy Agency earlier in the day.

Wright ​said the release ‌will begin next week and will take about 120 days to deliver.

The U.S. and Israel began attacks on ‌Iran on February 28. Iran has responded ​with its own strikes on Israel and Gulf countries with U.S. ⁠bases.

Raising the stakes for the global economy, Iran’s Islamic Revolutionary Guard Corps said ‌it would block oil shipments from the Gulf unless the U.S. and Israeli attacks cease. The war has shaken markets around the world.

When asked earlier on Wednesday whether he was looking ‌at the threshold for the strategic petroleum reserve, President Donald ​Trump said Washington will “reduce it a little bit.”

“The United States ⁠has arranged to more than replace these strategic ⁠reserves with approximately 200 million barrels within the next year,” the ‌U.S. energy secretary said in a statement.

Published on March 12, 2026



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