Nomura picks Bharat Petroleum Corporation Ltd as top stock among state oil firms. The brokerage highlights BPCL’s refining efficiency and balanced business. Nomura projects a potential 26% rally in BPCL shares. They raise the target price to Rs 435, reiterating a ‘buy’ rating. BPCL’s superior refining performance sets it apart from Hindustan Petroleum Corporation Ltd and Indian Oil Corporation Ltd.
Asian stocks tread water at the start of Fed week
Asian stocks opened cautiously as traders assessed strained China-Japan relations and upcoming central bank decisions. Investor caution grew regarding the AI rally’s sustainability, with markets