Stocks of oil production & exporting companies went down on the back of downfall in global crude oil prices. Shares of sugar companies advanced after the Cabinet Committee on Economic Affairs set up a formula for procurement of ethanol by PSU OMCs (Oil Marketing Companies) to carry out the ethanol blended petrol program. Ethanol is a bio-fuel, produced out of sugarcane and maize. Blended petrol (Mix of Ethanol & Petrol) has been utilized across the globe in order to safeguard environment. Stock Tips
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SPDR gold trust holdings dropped by 0.60 tonnes i.e. 0.08% to 795.00 tonnes from 795.60 tonnes regarding Epic research.
Stocks of oil production & exporting companies went down on the back of downfall in global crude oil prices. Shares of sugar companies advanced after the Cabinet Committee on Economic Affairs set up a formula for procurement of ethanol by PSU OMCs (Oil Marketing Companies) to carry out the ethanol blended petrol program. Ethanol is a bio-fuel, produced out of sugarcane and maize. Blended petrol (Mix of Ethanol & Petrol) has been utilized across the globe in order to safeguard environment.
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ITC rallies 9% to hit new high; market-cap crosses Rs 4-lakh crore
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