An Indian subsidiary of BP, Castrol India has launched products at a lower price point to improve volume, which it had earlier avoided due to intense competition. Lower raw material costs are expected to aid the company’s efforts to tap the price conscious segment of customers.
F&O Talk| Nifty faces reversal signals and weaker breadth, key support at 24,500-24,400: Sudeep Shah of SBI Securities
The 50 component index Nifty 50 as well Sensex closed nearly 1.2% lower today. The former closed 293 points lower at 24,852 while the latter