Indian Oil, BPCL and HPCL shares are falling today after Jefferies in its latest report cut the target price on OMC stocks.

HPCL share price plunged as much as 7.58% to ₹318.70 apiece, BPCL stock price declined 5.20% to ₹242.30, while IOC shares cracked as much as 4.30% to ₹120.10 apiece on the BSE.

Shares of several companies including IndusInd Bank, ONGC, ITC, Indian Oil, BPCL, and HPCL, among others, will be in the news ...