Yahoo Equity Symbol BSE S&P PSU Oil & Gas Index Scrips  6Jan17 Chart Strength 6Jun15 Chart Strength
BPCL.ns BPCL 5 1 strongest 
CHENNPETRO.ns Chennai Petroleum 2 3
GAIL.ns GAIL India 6 6
HINDPETRO.ns HPCL 4 2
IOC.ns IOC 1 strongest 5
MRPL.ns MRPL 3 4
ONGC.ns ONGC 7 8
OIL.ns Oil India 8 7

 Note
All the above stocks form part of the BSE PSU Index, from oil & gas sector.
PSU Sector Index includes stocks from all sectors from public sector.

  • Stocks trading above 200 day moving average  laughing
        Shares are shown in blue colour
  • Stocks trading below but close to 200 day moving average smile
        Shares are shown in orange colour
  • Stocks trading much below 200 day moving average frown
        Shares are shown in red colour

PSU - Oil & Gas Sector Trend

All the 8 BSE PSU Oil & Gas Index stocks are trading above 200 day moving average.
That means 100% of stocks are trading above 200-dma.
Decontrol of petrol and diesel price has given boost to oil marketing companies.
What a surprise, PSU oil stocks are outperforming the private sector stocks.

Outperformers: Indian Oil Corporation, Chennai Petroleum, Mangalore Refinery.
Underperformers: -

Related topics
Oil & Gas
Public Sector Enterprises – NSE