HPCL, BPCL to IOC: OMC stocks crash up to 9% as oil prices rise on US-Iran war. Should you sell these PSU stocks now?

Shares of oil marketing companies (OMCs) crashed up to 9% in the morning trade on Monday, March 9, after the crude oil prices rose to their highest level in four years amid supply disruptions to the escalating conflict in the Middle East.

More to come…

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