Industry Trends

Crude imports from US up 92% in first 8 months of current fiscal

India's crude oil imports from the US surged over 92% year-on-year in April-November 2025, though Russia remains the top supplier. While US share grew, Russia's contribution slightly dipped. November saw significant month-on-month increases from both Russia and the US, with US sanctions on Russian majors potentially impacting future dispatches.

Industry Trends

ONGC may receive $500 million of unpaid dividends if US lifts sanctions on Venezuelan oil

ONGC could unlock about US$500 million in unpaid dividends from its Venezuelan assets if US-led restructuring eases sanctions, Jefferies said. Recovery would bolster cash flows, balance sheet strength and investor sentiment, adding to robust profitability and valuation comfort, while reviving optionality from stalled Venezuelan projects.

Industry Trends

Why Bank Nifty could extend rally as earnings season approaches

Bank Nifty shows strong momentum entering earnings season, historically outperforming post-rate cuts. While Nifty's gains are concentrated, broader participation is noted. Analysts suggest focusing on large-cap banks for buying opportunities, anticipating further upside based on historical trends and recent performance.