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EQUITY - MARKET SCREENER

Algoquant Fintech Ltd
Industry :  Finance & Investments
BSE Code
ISIN Demat
Book Value()
505725
INE598D01035
4.7895982
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
ALGOQUANT
48.11
2150.38
EPS(TTM)
Face Value()
Div & Yield %
1.59
1
0
 

PSU OMC shares skid as crude oil rallies
Sep 08,2026
Bharat Petroleum Corporation fell 3.08%, Hindustan Petroleum Corporation declined 2.34% and Indian Oil Corporation slipped 0.85%.

In the commodities market, Brent crude for November 2026 delivery surged amid escalating geopolitical tensions in West Asia, pushing prices above the $99-per-barrel mark.

The rise in crude prices also weighed on broader market sentiment, with the Nifty 50 trading 0.53% lower at 23,653.95.

Higher crude prices can pressure PSU oil retailers as domestic LPG and kerosene are sold at regulated prices. A sharp rise in global oil prices can increase under-recoveries on such sales, potentially weighing on profitability.