A small negative candle was formed with a minor lower shadow. Technically, this pattern signifies a lackluster movement in the market at the hurdle of the down-sloping trend line around 19800 levels
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Kotak Institutional Equities reports that rising crude oil prices benefit upstream companies like ONGC and Oil India, increasing their EPS. Surprisingly, OMCs (BPCL, HPCL, IOCL)
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