| 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
Shares are shown in blue colour - Stocks trading below but close to 200 day moving average
Shares are shown in orange colour - Stocks trading much below 200 day moving average
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