Indian stock alert

INDIA

CLOSING UPDATE: Oil and Natural Gas Corporation in 6th consecutive fall, nears one-month low 18 June 2018 18:17 IST

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Indian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Oil and Natural Gas Corporation, India's largest exploration & production company by market capitalisation, slipped further on Monday, sliding an additional Rs0.85 (or 0.5%) to trade at Rs164.60. The stock decreased 0.88% on Thursday and 1.81% on Friday bringing its 6-day fall to 5.2%. It is now approaching its a 24-day low of Rs163.25. Compared with the BSE SENSEX Index which fell 73.9 points (or 0.2%) in the day, this represented a relative price change of -0.3%.

TODAY'S ALERT

Morning Alert: Oil and Natural Gas Corporation increases 0.5%, leads Exploration & production sector higher

18 June 2018 10:16 IST

Oil and Natural Gas Corporation Ltd. (NSE:ONGC) has increased 0.5% to trade at Rs166.35 vs. the Exploration & production sector which strengthened 42.1 points (or 0.3%) to 15,426.1. Representing a weighting of about 72.1% of the sector, the stock accounted for the gain. Trading volume was 91% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Oil and Natural Gas Corporation decreases 1.8%, led CNX PSE index lower

15 June 2018 18:24 IST

Oil and Natural Gas Corporation, India's largest exploration & production company by market capitalisation, has decreased 1.8% to trade at Rs165.45 vs. the CNX PSE index which weakened 52.7 points (or 1.4%) to 3,694.6. Representing a weighting of about 16.6% of the index, the stock accounted for 21.3% of today's loss. The shares have underperformed 87% of the market in the past week. Compared with the BSE SENSEX Index which rose 22.3 points (or 0.06%) in the day, this represented a relative price change of -1.9%.

Morning Alert: Oil and Natural Gas Corporation keeps sliding: down 3.6% in 5 days

15 June 2018 10:17 IST

Oil and Natural Gas Corporation Ltd. (NSE:ONGC) extended its slide on Friday, shedding an additional Rs1.05 (or 0.6%) to trade at Rs167.45. Trading volume was 1.1 times average so far today.

Oil and Natural Gas Corporation Ltd. (NSE:ONGC; BSE:ONGC; NS:ONGC; IN:ONGC)

ISIN: INE213A01029

PermID: 4295872684

Source: www.BuySellSignals.com