Read more about Energy stocks slide on Business Standard. Energy stocks were trading with losses, with the S&P BSE Energy index decreasing 125.03 points or 2.08% at 5884.77 at 13:48 IST.
Energy stocks were trading in the positive zone, with the S&P BSE Energy index rising 29.35 points or 0.48% at 6084.51 at 09:48 IST. Among the components of the S&P BSE Energy index, Selan Explorations Technology Ltd (up 2.16%), Goa Carbon Ltd (up 1.96%),Petronet LNG Ltd (up 1.54%),Oil & Natural Gas Corpn Ltd (up 1.5%),Mangalore Refinery And Petrochemicals Ltd (up 0.99%), were the top gainers. Among the other gainers were Oil India Ltd (up 0.72%), Chennai Petroleum Corporation Ltd (up 0.71%), Castrol India Ltd (up 0.69%), Hindustan Oil Exploration Company Ltd (up 0.69%), and Reliance Industries Ltd (up 0.58%). On the other hand, Aegis Logistics Ltd (down 0.94%), Hindustan Petroleum Corporation Ltd (down 0.51%), and Gujarat Gas Ltd (down 0.26%) moved lower.
Read more about Energy shares rise on Business Standard. Energy stocks were trading in the positive zone, with the S&P BSE Energy index rising 29.35 points or 0.48% at 6084.51 at 09:48 IST.
Here are the top stocks to watch in today s session:
Wipro: The IT services major s share buyback programme will commence today and close on January 11, 2021. In November, shareholders had approved the buyback plan for the purchase of up to 23.75 crore equity shares at Rs 400 per share.
AU Small Finance Bank: AU Small Finance Bank announced strategic partnership with ICICI Prudential Life Insurance to offer personalised insurance solutions.
3i Infotech: IT firm 3i Infotech has entered into definitive agreements to sell its software products business to the funds advised by Apax Partners for Rs 1,000 crore.
Axis Bank: Axis Bank is pruning its overseas operation as part of a strategy of focusing Indian market. It closed branches in Shanghai and Colombo last month while it is in the process of winding up Hong Kong Branch.
Electric two and three wheeler battery swapping solutions start-up VoltUp on Monday said it has partnered with Hindustan Petroleum Corporation Ltd (HPCL) for opening battery swapping centres. The partnership is looking to open 50 battery swapping solutions centres across India in the next six months. The first two centres have been unveiled in Jaipur, the company said in a statement. With this tie up, VoltUp aims at providing infrastructure for instant swapping to end consumers, last mile delivery, shared mobility providers, OEM s and logistic players with smart lithium-ion batteries in a connected environment friendly manner, it added. The partnership aims at leveraging the country wide network of HPCL, technological advancements of VoltUp in the field of battery swapping technologies, and shared synergies of improving the urban mobility by keeping it at pace with the conventional usage system, the statement said.