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Domestic natural gas consumption to surge by 3-4% in FY27 by expansion of City Gas Distribution: ICRA


Domestic natural gas consumption to surge by 3-4% in FY27 by expansion of City Gas Distribution: ICRA
Domestic natural gas consumption to surge by 3-45 in FY27 by expansion of City Gas Distribution: ICRA

The domestic natural gas consumption is expected to rebound and grow by 3-4% year-on-year in FY2027 after witnessing a phase of near-term moderation in FY2026, according to a report by ICRA.The report highlighted that the recovery in gas consumption will be driven by a pickup in industrial offtake and the continued expansion of the City Gas Distribution (CGD) network. ICRA expects higher gas usage from key consuming sectors such as refining, fertilisers and CGD to support this growth in FY2027.It stated “India’s natural gas consumption is expected to grow by 3-4 per cent year-on-year in FY2027, following a period of near-term moderation in FY2026”.ICRA noted that during the first seven months of FY2026, gas consumption declined by 4.5 per cent year-on-year. This drop was mainly due to lower offtake from major consuming sectors including fertilisers, power generation and refineries.While the CGD segment has continued to record healthy growth and remains a key driver of demand, overall gas consumption for FY2026 is expected to remain flat or witness low single-digit moderation.The report also pointed out that domestic gas production has remained stagnant, with any incremental output likely to be offset by the natural decline from existing gas fields. This has contributed to the subdued consumption trend in the near term.Looking ahead, ICRA said the broader energy environment is expected to be supportive. Crude oil prices are projected to average between USD 60-70 per barrel in FY2027 due to muted global demand growth amid rising supplies.Even at these price levels, the profitability of domestic crude oil producers is expected to remain healthy, and their capital expenditure plans are likely to stay intact.At the same time, domestic consumption of petroleum products is expected to grow by 1-2 per cent in FY2027.On the global front, LNG prices have eased due to expectations of warmer winters in key regions and healthy inventory levels. Additionally, significant LNG capacity additions planned globally are expected to lead to a moderation in LNG prices from calendar year 2027. Domestic gas prices are also expected to soften in line with lower crude oil prices.Overall, the report suggested that after a year of moderation, India’s natural gas consumption is set to regain momentum in FY2027, led by industrial recovery and steady growth in the CGD segment.



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Why Ajit Agarkar & Co. can’t ignore Mohammed Shami anymore | Cricket News


Why Ajit Agarkar & Co. can't ignore Mohammed Shami anymore
Mohammed Shami and Ajit Agarkar

New Delhi: In the ongoing domestic season, Mohammed Shami has already sent down over 200 overs for Bengal. He has played the Ranji Trophy, Syed Mushtaq Ali Trophy and is currently playing the Vijay Hazare Trophy. Even though he continues to stay on the sidelines for the national team, the seamer continues to do what he does best – make the ball talk and pick wickets with ease.There have been verbal volleys between Shami and chief selector Ajit Agarkar whenever the bowler didn’t get a call-up and his much debated absence will be up for discussion again when the selectors meet to pick the squad for New Zealand ODIs in the first week of January.

How Ajit Agarkar is letting Indian cricket down

Agarkar has been repeatedly questioned about the omission and has maintained the “need to play some cricket” stand. If 145.2 overs in Ranji Trophy, 26.5 overs in SMAT and 34.2 overs in ongoing VHT doesn’t qualify, then the definition of “some cricket” needs to be made clear.Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!Shami, 35, last played for India in the Champions Trophy – where he was the lone specialist seamer doing the heavy lifting on turners – and returned with 9 wickets from five games, including a 5/53 outing.

Ranji Trophy: Uttarakhand vs Bengal

Kolkata: Bengal’s Mohammed Shami celebrates after the wicket of Uttarakhand’s Devendra Singh Bora during the Ranji Trophy cricket match between Uttarakhand and Bengal, at Eden Gardens in Kolkata. (PTI Photo/Swapan Mahapatra)(PTI10_15_2025_000234A)

The skill and quality has never been a doubt but it was the recurring fitness issues which became a big roadblock in his selection. The chief selector had revealed during an event that Shami would have been on the flight to England had he been fit.But those are now conversations and discussions of the past. Looking ahead, selectors will find it really hard to ignore the experienced seamer for the three games against New Zealand starting January 11.He has given a terrific account of his fitness with regular outings for Bengal and the List A outings have been impressive with eight wickets in four games.

Mohammed Shami

Mohammed Shami

The age argument could be tabled keeping the 2027 World Cup in mind but if Mitchell Starc can run through oppositions at 35, Scott Boland can be penetrative at 36 and Michael Nesser can make an impact at 35 for Australia, Shami can surely do his magic if he is carefully managed for the multi-nation event in South Africa.The right-arm seamer missed the early phase of the 2023 ODI World Cup due to combination calls but the moment he found a place in the XI, he showed what India missed. A genuine wicket-taker with an ability to singlehandedly run through oppositions. And not to forget the experience he brings to the table and how it would be of immense help to the likes of Harshit Rana and Prasidh Krishna.

Poll

Should Mohammed Shami be included in the squad for the upcoming New Zealand ODIs?

“If he is fit, why wouldn’t we have a bowler like Shami? I have had multiple chats with him. Over the last six to eight months, what we have found out is that he wasn’t fit,” Agarkar had said during an event in New Delhi.Shami is fit. Shami is in top rhythm. Shami is picking wickets. Over to Agarkar & Co. now.



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Meta AI chief Alexandr Wang says will have kids only after Elon Musk’s Neuralink …


Alexandr Wang, the head of Meta’s artificial intelligence division — SuperIntelligence Labs has now gave a new statement on his plans of having kids. Speaking at The Shawn Rayan Show, Wang said that he wait until Elon Musk’s Neuralink or similar brain‑computer interface (BCI) technology is highly advanced before having children. Wang is of the opinion that child neuroplasticity offers the best window for adopting brain‑computer interfaces, and that future generations could grow up learning to use superintelligence tools intuitively. “I’ll have kids after Neuralink is very advanced, because children’s brains in the first seven years are more flexible and can learn brain-computer interfaces, unlocking more potential than adult brains,” said Wang.Elon Musk founded Neuralink is presently conducting clinical trials and is working at restoring mobility for patients with paralysis. Musk has long promoted the idea of expanding the technology to enhance human cognition. Wang’s remarks highlight how some tech leaders see BCIs not just as medical tools, but as essential upgrades for future generations.

Here’s what Alexandr Wang said about Neuralink

“Billionaire Alexandr Wang says he wants to wait to have kids until Neuralink is very advanced, because children’s brains in the first seven years are more flexible and can learn brain-computer interfaces, unlocking more potential than adult brainsSpeaking on a podcast, Wang explained that he wants to wait until Neuralink or similar BCI technology is reliable and widely available. His reasoning is that children born into such a world could integrate the technology directly into their developing brains, rather than having to adapt to it later in lifeHe pointed to neuroplasticity, the brain’s heightened ability to form neural connections in early childhood, arguing that during the first ~7 years, children could learn to use brain-computer interfaces in ways adults simply cannotAt a deeper level, Wang’s comments reflect a broader concern: artificial intelligence is advancing at an exponential pace, while human biological evolution is slow. He suggests that direct neural links to AI may eventually be necessary for humans to remain cognitively competitive in a future shaped by superintelligence.”

Meta’s Secret AI Army: Top Talent Hired from OpenAI, Google & More

Meta’s Superintelligence Lab is hiring in Singapore

Meta Superintelligence Lab (MSL), the billion-dollar team that Mark Zuckerberg created to take on Google and OpenAI in artificial intelligence (AI), is hiring. Alexandr Wang, the head of the team and Chief AI officer of Meta, has announced that the company is hiring for its team in Singapore. This comes hours after the social media giant acquired Manus AI, a Singapore-based company working on AI agents.“MSL is hiring in Singapore! We already have some amazing researchers and engineers there, buoyed now by the 100-strong Manus team, and we’re growing fast,” Wang said in a post on X (formerly Twitter). “Feel free to DM with a resumé if interested!,” he added.



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India vs New Zealand ODI 2026 squad announcement: Date, venue, where to watch – All you need to know | Cricket News


India vs New Zealand ODI 2026 squad announcement: Date, venue, where to watch - All you need to know
Rohit Sharma and Virat Kohli (AFP Photo)

NEW DELHI: India and New Zealand will square off in an eight-match limited-overs series starting January 11, featuring three One-Day Internationals and five Twenty20 Internationals. The tour will run through January 31.The series assumes added significance, coming at a time when several senior players are set to return to the ODI setup, while the T20 side looks to finalise combinations ahead of the ICC T20 World Cup 2026, scheduled to begin on February 7 in India and Sri Lanka.

Why Gautam Gambhir needs to rethink the extra batting cushion in 2026

The ODI leg, in particular, is expected to attract considerable attention with stalwarts Virat Kohli and Rohit Sharma likely to make their return to the 50-over format after the South Africa series.India’s ODI squad is expected to assemble in Vadodara on January 7. The series opener will be played there on January 11, followed by matches in Rajkot on January 14 and Indore on January 18.The T20I leg, meanwhile, will serve as a final trial phase for the Suryakumar Yadav-led side as it gears up for its T20 World Cup title defence.

Ind vs NZ ODI 2026 squad announcement: All you need to know

While the BCCI has already announced the T20I squad for the New Zealand series, the ODI squad is yet to be named.The selection committee is expected to convene an online meeting around January 3 or 4 to finalise the ODI squad for the home series.New Zealand have already announced both their ODI and T20I squads for the tour of India.

New Zealand’s ODI squad vs India

Michael Bracewell (C), Adi Ashok, Kristian Clarke, Josh Clarkson, Devon Conway, Zak Foulkes, Mitch Hay, Kyle Jamieson, Nick Kelly, Jayden Lennox, Daryl Mitchell, Henry Nicholls, Glenn Phillips, Michael Rae, Will Young

India vs New Zealand T20Is: Squads

India: Suryakumar Yadav (C), Abhishek Sharma, Sanju Samson, Tilak Varma, Hardik Pandya, Shivam Dube, Axar Patel, Rinku Singh, Jasprit Bumrah, Harshit Rana, Arshdeep Singh, Kuldeep Yadav, Varun Chakaravarthy, Washington Sundar, Ishan KishanNew Zealand: Mitchell Santner (C), Michael Bracewell, Mark Chapman, Devon Conway, Jacob Duffy, Zak Foulkes, Matt Henry, Kyle Jamieson, Bevon Jacobs, Daryl Mitchell, James Neesham, Glenn Phillips, Rachin Ravindra, Tim Robinson, Ish Sodhi

India vs New Zealand – Full ODI Schedule

Date Venue Time
Sun, Jan 11, 2026 Vadodara, BCA Stadium, Kotambi 1:30 PM IST
Wed, Jan 14, 2026 Rajkot, Niranjan Shah Stadium, Khandheri 1:30 PM IST
Sun, Jan 18, 2026 Indore, Holkar Cricket Stadium 1:30 PM IST

India vs New Zealand – Full T20I Schedule

Date Venue Time
Wed, Jan 21, 2026 Nagpur, Vidarbha Cricket Association Stadium 7:00 PM IST
Fri, Jan 23, 2026 Raipur, Shaheed Veer Narayan Singh International Stadium 7:00 PM IST
Sun, Jan 25, 2026 Guwahati, Barsapara Cricket Stadium 7:00 PM IST
Wed, Jan 28, 2026 Visakhapatnam, ACA-VDCA Cricket Stadium 7:00 PM IST
Sat, Jan 31, 2026 Thiruvananthapuram, Greenfield International Stadium 7:00 PM IST



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MR vs SS, BBL|15, Match Prediction: Who will win today’s game between Melbourne Renegades and Sydney Sixers?



The Big Bash League (BBL) rings in the New Year with a high-stakes encounter at Docklands Stadium (Marvel Stadium) as the Melbourne Renegades host the Sydney Sixers. Both teams are looking to shake off sluggish starts to the season and climb the ladder in this 18th match of the tournament.

The Renegades return to their home turf coming off consecutive defeats against the Hurricanes. Their biggest blow is the absence of star spinner Adam Zampa, who is sidelined with a neck strain. Fans can keep an eye on Tim Seifert, who has been the Renegades’ most consistent performer with the bat. Jake Fraser-McGurk is due for a big score after a quiet start to the season, and he historically performs well at this venue.

Despite their pedigree, the Sixers have struggled for momentum. However, they hold a massive psychological advantage, having won nine consecutive matches against the Renegades. The inclusion of Babar Azam provides world-class stability at the top but his form is concerning factor for the Sixers. All-rounder Jack Edwards has been a standout with the ball, while Josh Philippe remains their primary engine in the powerplay.

MR vs SS, BBL|15: Match details

  • Date and Time: January 01, 2026; 10:30 am IST / 5:00 am GMT / 4:00 pm Local
  • Venue: Docklands Stadium, Melbourne

MR vs SS, Head-to-Head Record in BBL

Matches played: 20 | Melbourne Renegades won: 5 | Sydney Sixers won: 14 | No result/Tied: 1

Docklands Stadium Pitch Report

The New Year’s Day clash at Docklands Stadium promises a high-scoring contest on a traditionally batting-friendly drop-in pitch characterized by consistent bounce and short square boundaries. While the retractable roof ensures a controlled environment free from weather interruptions, the surface typically favors pace over spin, with the ball skidding on nicely under the lights. The toss-winning captain will likely elect to bat first to capitalize on the flat initial conditions and apply scoreboard pressure in what is historically a difficult venue for chasing high totals.

Squads:

Melbourne Renegades: Josh Brown, Tim Seifert, Mohammad Rizwan (wk), Jake Fraser-McGurk, Oliver Peake, Hassan Khan, Will Sutherland (c), Andrew Tye, Gurinder Sandhu, Jason Behrendorff, Sam Elliott, Caleb Jewell, Fergus O Neill, Matthew Spoors

Sydney Sixers: Babar Azam, Daniel Hughes, Josh Philippe (wk), Moises Henriques (c), Jordan Silk, Jack Edwards, Ben Dwarshuis, Joel Davies, Ben Manenti, Sean Abbott, Jafer Chohan, Lachlan Shaw, Hayden Kerr, Mitchell Perry

Also WATCH: Tanveer Sangha takes a sensational diving catch to dismiss Josh Inglis in BBL|15

MR vs SS, BBL|15: Today’s Match Prediction

Case 1:

  • Melbourne Renegades wins the toss and bats first
  • Melbourne Renegades’ powerplay score: 45-55 (6 overs)
  • Melbourne Renegades’ total score: 160-170

Case 2:

  • Sydney Sixers wins the toss and bats first
  • Sydney Sixers’ powerplay score: 50-60 (6 overs)
  • Sydney Sixers’ total score: 175-185

Match result: Team batting first to win the contest

Also READ: Ashton Turner’s explosive knock leads Perth Scorchers to dominating win over Sydney Thunder in BBL|15



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In Venezuela, price of US dollar up 479% in a year


In Venezuela, price of US dollar up 479% in a year

Venezuela, currently in the throes of an escalating crisis with the United States, closed the books Wednesday on a complicated year for its economy, with the official cost of buying a US dollar up 479 percent in the last 12 months.The gap between the official and black market rate is mounting as well, nearing 100 percent in an economy that has become increasingly dollarized as a way to tackle hyperinflation.Even though President Nicolas Maduro projected economic growth of nearly nine percent in 2025, the oil-rich South American country has seen a sharp decline, with inflation soaring and hard currency in short supply.

US’ ‘Oil War’: Trump Confirms First Land Strike Inside Venezuela, ‘Major Explosion’ At ‘Drug Dock’

US President Donald Trump has piled the pressure on Maduro, stiffening sanctions and ordering the seizure of “sanctioned oil vessels” sailing to and from Venezuela.Venezuela’s central bank on Wednesday set the official rate at 301.37 bolivars to the US dollar, a rate in effect until January 2. That marks a 479.25 percent increase from the rate of 52.02 bolivars to the dollar posted in early 2025.On the black market, where prices are determined by crypto exchange platforms, one US dollar is going for nearly 560 bolivars — at least an 85 percent difference with the official rate.Economists say that 80 percent of Venezuela’s currency exchanges are carried out on such platforms.Inflation could ultimately pass the astronomical rate of 500 percent in 2025, according to estimates from private firms. Official data has not been published since October 2024.Venezuela has been under a US oil embargo since 2019 and exports the vast majority of its output on the black market at a sharp discount.



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Smelling of liquor, AI pilot detained at Vancouver airport on X’mas eve before operating Delhi flight | India News


Smelling of liquor, AI pilot detained at Vancouver airport on X'mas eve before operating Delhi flight

NEW DELHI: Getting into the Yuletide spirit could prove expensive for an Air India pilot who was to operate a Vancouver-Delhi (via Vienna) flight on Dec 23, 2025. A staffer at Vancouver duty free either saw him inadvertently sipping wine being offered at this festive time or found him smelling of liquor while he was buying a bottle. She reported this Boeing 777 pilot to the Canadian authorities who conducted a breath analyser test on him which he flunked and then he was detained. Luckily for passengers, Air India managed to quickly find a replacement. The ultra long haul, to be operated by four pilots or two sets (one captain and a co-pilot in each set) in turns, supposed to leave at 3 pm local time did so with just a two-hour delay. The aircraft then landed in Vienna from where another set of crew operated it to Delhi.“AI has taken a very stern view of this matter. The pilot was flown to Delhi a couple of days later and is being probed. The issue has been reported to the Directorate General of Civil Aviation (DGCA), which is also examining the same,” said people in the know. While some sources say the pilot had inadvertently sipped an alcoholic drink at the airport and a staffer at duty free saw him doing so, others said he smelled of alcohol when buying a bottle. It is not yet known which of the two really happened, staffer reported the matter to Canadian authorities who then used CCTV footage to find out the pilot in question was to operate with flight. They managed to trace him to the AI aircraft.In a statement, AI said: “AI 186 from Vancouver to Delhi on Dec 23, 2025, experienced a last-minute delay after one of the cockpit crew members was offloaded prior to departure. Canadian authorities raised concerns regarding the pilot’s fitness for duty, following which the crew member was taken for further inquiry. In accordance with safety protocols, an alternate pilot was rostered to operate the flight, resulting in the delay.“Air India regrets the inconvenience caused to its passengers and is fully cooperating with the local authorities. The pilot has been taken off flying duties during the process of enquiry. Air India maintains a zero-tolerance policy towards any violation of applicable rules and regulations. Pending the outcome of the investigation, any confirmed violation will attract strict disciplinary action in line with company policy. Safety remains Air India’s highest priority at all times,” the airline statement added.Pilots operating international sectors usually do not have pre-flight breath analyser (BA) tests and the same is conducted on arrival as liquor is available on board these flights. This is to ensure they have not taken a sip or two during the flight. On domestic flights, pre-flights BA tests are conducted as alcohol is not served/sold on flights within India. While rules don’t mandate this, AI on its own has enforced a policy of conducting random pre-flight BA at international stations. The airline frequently keeps sending its doctors on international flights who then conduct these checks on pilots who are to operate the return flight to India. Pilots are surprised at this case. “Forget drinking, we don’t even use after shaves, perfumes, mouth wash or homeopathic medicines some hours before operating a flight. There have been multiple instances of teetotallers failing BA tests because of the alcohol in their breath because of using toiletries with alcoholic content. We look for these items without any alcohol, except homeopathic medicines where possibly there’s no option,” said a captain. The reason: Failing BA test thrice means losing flying license.



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New Year 2026: PM Modi greets nation; prays for ‘peace and happiness in society’ | India News


New Year 2026: PM Modi greets nation; prays for 'peace and happiness in society'

NEW DELHI: Prime Minister Narendra Modi on Thursday extended New Year greetings to the nation, praying “for peace, good health and happiness in society” as India welcomed the year 2026.Sharing a post on X, the PM posted, “Wishing everyone a wonderful 2026! May the year ahead bring good health and prosperity, with success in your efforts and fulfilment in all that you do.“Praying for peace and happiness in our society,” the prime minister added.In a separate post, PM Modi shared a video and noted, “Very warm wishes to all of you for 2026. We hope that this year brings new hopes, new resolutions, and a fresh sense of self-confidence for everyone. May it inspire all to move forward in life.”Earlier, President Droupadi Murmu also conveyed New Year greetings describing the occasion as a time of renewed energy and fresh beginnings. “May the year 2026 bring peace, happiness and prosperity into our lives and infuse new energy to build a stronger and more prosperous India,” she said.India welcomed the New Year with vibrant celebrations across the country on Thursday night, as cities lit up with fireworks, cultural programmes, live music and themed decorations. Large crowds gathered at public spaces to ring in 2026 with enthusiasm and cheer.



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Delhi’s Air Pollution Crisis: AQI Hits 372 to Start 2026, Anand Vihar Worst Affected | Delhi News


New Year, same air: Delhi starts 2026 with ‘very poor’ AQI at 372; Anand Vihar worst hit

NEW DELHI: Delhi woke up under a thick blanket of fog on Thursday, with visibility plunging across large parts of the city and the National Capital Region (NCR) as air quality stayed in the ‘very poor’ category. The overall Air Quality Index (AQI) stood at 372 at 7am, according to data from the Central Pollution Control Board (CPCB).A station-wise analysis showed that 29 monitoring stations recorded ‘very poor’ air quality, while 7 slipped into the ‘severe’ bracket. Anand Vihar emerged as the worst-hit location, logging an AQI of 421, CPCB data from the SAMEER app showed. Under CPCB norms, an AQI of 0–50 is classified as ‘good’, 51–100 ‘satisfactory’, 101–200 ‘moderate’, 201–300 ‘poor’, 301–400 ‘very poor’, and 401–500 ‘severe’.The Air Quality Early Warning System has warned that air quality is likely to remain in the ‘very poor’ category over the next 6 days.Officials attributed the sustained pollution levels to unfavourable meteorological conditions, including a low ventilation index of below 6,000 square metres per second and weak wind speeds of under 10 kmph, which hinder the dispersion of pollutants. On Tuesday, the city recorded an AQI of 388, a marginal improvement over Monday’s ‘severe’ reading of 401. Weather conditions remained cold as well. According to the India Meteorological Department (IMD), the minimum temperature at Safdarjung and Ayanagar was recorded at 6.4 degrees Celsius, about 0.4 degrees below the seasonal average. The maximum temperature is expected to hover around 23 degrees Celsius, with dense fog likely to persist through the day. Other stations reported similar chill, with Palam recording a minimum of 7.7 degrees Celsius, Lodhi Road 6.8 degrees, and the Ridge 7.8 degrees. For New Year’s Day, the IMD has forecast a generally cloudy sky with the possibility of light rain over the national capital. Meanwhile, a new analysis by the Centre for Research on Energy and Clean Air (CREA) has found that Delhi remained the most polluted city in the NCR in 2025, followed by Ghaziabad and Noida. While the annual average PM2.5 concentration in Delhi showed a decline compared with last year, the polluted-season average between October and December rose slightly over 2024 levels. The study noted that PM2.5 levels at all 40 monitoring stations in Delhi were at least 1.8 times — nearly double — the prescribed annual standard. Of the 29 cities in the NCR, only 14 had PM2.5 data coverage exceeding 75% in 2025. The remaining 15 cities, all located in Haryana — including Faridabad, Gurugram, Sonipat, Panipat and Karnal — had inadequate monitoring coverage, underscoring persistent gaps in air quality surveillance across the region.



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Top stocks to buy today: Stock recommendations for January 1, 2026 – check list


Top stocks to buy today: Stock recommendations for January 1, 2026 - check list
Top stocks to buy (AI image)

Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buy calls for today are: Gujarat Mineral Development Corporation (GMDC), Bharat Heavy Electricals Ltd (BHEL), and Indian Oil Corporation (IOC). Here’s his view on Nifty, Bank Nifty, and the top stock picks for January 1, 2026:Index View: Nifty & Bank NiftyNifty has bounced strongly from its 3-month rising trend line support seen at 25,860 – 25,880. The required follow through was seen in yesterday’s session as Nifty managed to climb more than 200 points. Now, a close above 26200 will lead to strong momentum for the next 500-600 points rally.Bank Nifty also managed to close above its previous resistance high of 59500. A break above such strong resistance would lead to strong momentum in coming days. A strong spurt of 2-3% in a short span of time can be achieved in coming days

Stock recommendations:

GMDC (BUY):

  • LCP: 598
  • Stop Loss: 564
  • Target: 690

Gujarat Mineral Development Corporation’s stock has bounced back strongly from its 20-day moving average with strong volumes. With this, stock is less than 10% away from its all-time high levels. The next leg can see stock gathering momentum and move strongly past its all-time high levels.BHEL (BUY):

  • LCP: 287.0
  • Stop Loss: 274
  • Target: 310

Bharat Heavy Electricals Ltd’s stock has been consolidating in a pennant for all of December. The consolidation is placed at the retest of a prior breakout, tilting the odds in the favour of an upside break. Furthermore, constant demand from the lower bound of the pennant also adds a layer of confidence.Indian Oil Corporation (BUY):

  • LCP: 166
  • Stop Loss: 160
  • Target: 190

IOC stock has bounced strongly from its 20-day moving average supported by strong volumes. The current consolidation around its all-time high level looks to complete soon. A close above 180 will lead to strong momentum and one can see the next 10% move in a very short span of time.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)



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