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EnergyOil & GasMedium impactAfter close

Oil and gas stocks rise as crude prices decline

after close1 source ↓written by the desknot a recommendation

amid expectations
4%
per barrel
$110
WTI traded
$103

Oil and gas shares gained on 19 May as tensions between the US and Iran eased, boosting investor confidence. Shares of BPCL, HPCL, and Adani Total rose nearly 4% amid expectations of improved refining margins due to lower crude prices. Brent crude fell below $110 per barrel, while WTI traded under $103.

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 19 May 2026, 16:09 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

BPCL closed +2.5% on the day of the news, from ₹286.45 to ₹293.75; Nifty +0.2% over the same session; futures OI −0.1%.

Bulletin at 16:09 IST on 19 May 2026. Every change is measured from ₹286.45, the last close before it, on 19 May. Nifty 50 is measured over the same sessions.

  • BPCL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
BPCL closes around the bulletin against the close before the news, with Nifty 50 rebased to it259.18286.45313.72axis spans 21%before the news · 19 May286.45Nifty 50BPCLbulletinD0+1+3+513 May25 May4 JunFutures open interest, lotspeak 32,000Reference close ₹286.45. 16 sessions from 13 May to 4 Jun; the price axis spans 21 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 %
Before19 May₹286.45basebase
On the day20 May₹293.75▲ +2.5%▲ +0.2%+2.4 pp difference
+1 session21 May₹296.40▲ +3.5%▲ +0.2%+3.3 pp difference
+3 sessions25 May₹308.25▲ +7.6%▲ +1.8%+5.9 pp difference
+5 sessions27 May₹307.15▲ +7.2%▲ +1.2%+6.0 pp difference
Gap at the open, % · ₹
▼ −1.6%−4.61 on 20 May
Day's range, % · ₹
5.1%≈ 15 high to low
Volume on the day
0.89×the 20-session average
Futures OI on the day
▼ −0.1%−17 lots · short covering · price +2.5%
Futures OI open, lots
32,00020 May · 26 May expiry
Futures premium, ₹
+0.25+0.1% to spot
Puts per call, by OI
0.71from 0.63 the session before
Max pain
300from 295 the session before

Source NSE UDiFF bhavcopy · BPCL on the desk →

Thread · BPCLAll BPCL bulletins →

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