BSE S&P PSU Oil & Gas Index  27Mar20 Chart Strength 6Jan17 Chart Strength 6Jun15 Chart Strength
BPCL 2 5 1 strongest 
Chennai Petroleum 9 2 3
GAIL India 4 6 6
Gujarat Gas 1 strongest    
HPCL 6 4 2
IOC 5 1 strongest 5
MRPL 8 3 4
ONGC 3 7 8
Oil India 7 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

Out of 9 BSE PSU Oil & Gas Index stocks 1 is trading above 200 day moving average. 
That means 13% of stocks are trading above 200-dma. 
Decontrol of petrol and diesel price has given boost to oil marketing companies.
Volatile movement of crude oil price has put pressure on this sector.
Covid-19 has changed the fortunes of the markets for now.
Outperformers: Gujarat Gas, BPCL, ONGC. 
Underperformers: Chennai Petroleum, Mangalore Refinery.

Related topics
Oil & Gas
Public Sector Enterprises – NSE