Indian equity markets extended their winning streak for the fifth consecutive session, driven by attractive large-cap valuations and optimism around moderating foreign outflows. The Nifty and Sensex posted over 4% weekly gains, with technical indicators suggesting continued bullish momentum in the short term.
ONGC picks BP as tech partner for Western Offshore fields
BP already has a similar arrangement for ONGC’s flagship Mumbai High fields, but the latest move significantly expands its role, making it responsible for helping