BPCL on Wednesday reported a net loss of Rs 3,962 crore in the June quarter on keeping petrol, diesel and LPG prices way below cost that had soared due to the West Asia crisis
The 30-share BSE Sensex tanked 715.06 points, or 0.92 percent, to settle at 76,755.05. During the day, it slumped 828.92 points, or 1 percent, to 76,641.19
Gold and silver prices are expected to remain under pressure in the short term as central banks maintain a hawkish posture and delay interest rate cuts in response to heightened crude oil prices
External Affairs Minister also acknowledged the role of the Philippines as the country coordinator in further strengthening the India-ASEAN Comprehensive Strategic Partnership
The 30-share BSE Sensex declined 403.54 points to 77,066.06 in early trade, taking the donwtrend to the third day running. The 50-share NSE Nifty edged lower by 114.75 points to 24,070.05