Moneycontrol PRO

business

Petrol price hike not enough to turn sentiment: Deutsche Eq

Though the government is pulling up measures to support the weak rupee and sliding market, the petrol price hike is little that can boost sentiments. IOC , BPCL and HPCL have hiked petrol price by Rs 6.28 per litre, including sales tax, the hike adds up to Rs 7.50/litre.

first published: May 24, 2012 10:17 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347