|
May 07, 2012, 03.13 PM IST
Shares of oil marketing companies rallied 3-6% on Monday while Cairn India corrected more than 5% after the steep fall in crude oil prices. These stocks witnessed heavy volumes during the day.
Shares of oil marketing companies rallied 3-6% on Monday while Cairn India corrected more than 5% after the steep fall in crude oil prices. These stocks witnessed heavy volumes during the day.
Brent crude declined 2.5% to USD 113.2/barrel (Below 200 DMA) while WTI crude fell below USD 97 a barrel (losing more than 6% for last week) after disappointing US jobs data and Greece & France elections.
At 15:01 hours IST, Cairn India was trading at Rs 323, down 3% after hitting an intraday low of Rs 315. Its traded volumes increased 2.37% to 3,35,761 shares as compared to its 5-day average of 99,676 shares.
Related News |
Action in Cairn India
 From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'  The latest earning numbers FIRST on CNBC-TV18
News Videos
|
