BPCL reported a 141% YoY rise in Q1FY26 net profit to Rs 6,839 crore, driven by higher margins and stable revenue. Sequential profit rose 56%, while GRM fell to $4.88/barrel. Downstream petroleum remained the dominant revenue contributor.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to