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HPCL, BPCL, IOC shares in focus as govt cuts excise duty on petrol and diesel; what lies ahead?

Oil marketing company shares are in focus after the government reduced excise duty on petrol and scrapped it on diesel. This move follows a surge in global crude oil prices and a price hike by private retailer Nayara Energy. Brokerages, however, remain cautious, citing potential margin pressures and elevated oil prices.

Source :- Markets-Economic Times Read More

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