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EnergyMedium impactAfter close

IOC, HPCL, BPCL shares rise amid crude oil price drop

after close1 source ↓written by the desknot a recommendation

on 30 September
3%
oil prices fell
2.5%
saw declines
1%

Shares of oil and gas companies, including Indian Oil Corporation, Hindustan Petroleum, and Bharat Petroleum, rose up to 3% on 30 September as crude oil prices fell 2.5%. This rally comes despite declining prices, attributed to increased Middle East supply following Saudi Arabia's resumed shipments. Meanwhile, upstream firms like ONGC and Oil India saw declines of 1% and 3%, respectively.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 30 Sept 2026, 16:08 IST.

Sourcesnews.google.com

The market after the news

IOC closed −2.7% on the day of the news, from ₹134.93 to ₹131.34; Nifty −0.9% over the same session; futures OI +1.1%.

Bulletin at 16:08 IST on 30 Sept 2026. Every change is measured from ₹134.93, the last close before it, on 30 Sept. Nifty 50 is measured over the same sessions.

  • IOC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
IOC closes around the bulletin against the close before the news, with Nifty 50 rebased to it123.65134.93146.21axis spans 18%before the news · 30 Sept134.93Nifty 50IOCbulletinD024 Sept29 Sept1 OctFutures open interest, lotspeak 31,000Reference close ₹134.93. 6 sessions from 24 Sept to 1 Oct; the price axis spans 18 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before30 Sept₹134.93basebase
On the day1 Oct₹131.34▼ −2.7%▼ −0.9%−1.8 pp difference
+1 sessionnot reached yet———
+3 sessionsnot reached yet———
+5 sessionsnot reached yet———
Gap at the open, % · ₹
▼ −0.7%−0.93 on 1 Oct
Day's range, % · ₹
2.1%≈ 2.9 high to low
Volume on the day
1.59×the 20-session average
Futures OI on the day
▲ +1.1%+330 lots · short build-up · price −2.7%
Futures OI open, lots
28,0001 Oct · 27 Oct expiry
Futures premium, ₹
+0.76+0.6% to spot
Puts per call, by OI
0.73from 0.67 the session before
Max pain
138from 138 the session before

Source NSE UDiFF bhavcopy · IOC on the desk →

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