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BPCL gains over 2% after Brent crude drops below $90, Nomura raises target price to Rs 395

in5points
  1. BPCL shares gained over 2% after Brent crude dropped below $90 a barrel.

  2. Brent crude fell more than 7% in early trade, briefly slipping below $90.

  3. The decline in crude prices followed the US pausing strikes against Iran, easing geopolitical tensions.

  4. Nomura raised its target price for BPCL to Rs 395.

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Mukesh Ambani

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Reliance Industries (Mukesh Ambani)

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