The Nifty Oil & Gas Index lagged behind the broader market following the onset of the West Asia conflict. Despite this, Aegis Logistics and Chennai Petroleum Corporation demonstrated strong performance among sector stocks. Conversely, state-run oil marketing companies saw their values drop significantly. Analysts believe OMCs are a cautious investment choice, necessitating stable crude prices for a turnaround. Meanwhile, Aegis Logistics and Chennai Petroleum retain distinct investment opportunities moving forward.

As global financial markets navigate the aftermath of recent conflicts, the mixed responses are evident. Energy prices have surged sharply, reflecting immediate fallout, while…

The Nifty Oil & Gas Index lagged behind the broader market following the onset of the West Asia conflict. Despite this, Aegis Logistics and Chennai Petroleum Corporation…