Should you invest in HPCL, BPCL, IOCL and other OMC stocks now as oil not on the boil anymore; slips below $90/barrel

The correction in crude prices has strengthened investor sentiment towards OMC stocks. HPCL, BPCL and IOC shares have gained between 10% and 13.5% so far in November, benefiting from expectations of lower crude procurement costs and improved marketing margins.The correction in crude prices has strengthened investor sentiment towards OMC stocks. HPCL, BPCL and IOC shares have gained between 10% and 13.5% so far in November, benefiting from expectations of lower crude procurement costs and improved marketing margins.