{"id":389316,"date":"2020-12-14T10:58:00","date_gmt":"2020-12-14T05:28:00","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=389316"},"modified":"2020-12-14T11:34:54","modified_gmt":"2020-12-14T06:04:54","slug":"ongc-shares-surge-10-rise-to-10-month-high","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ongc-shares-surge-10-rise-to-10-month-high\/","title":{"rendered":"ONGC shares surge 10%, rise to 10-month high"},"content":{"rendered":"<p>Indian shares rose on Friday and were set for a sixth straight weekly gain as Oil and Natural Gas Corp surged on the back of higher crude prices, with sentiment also supported by optimism over COVID-19 vaccines. ONGC shares climbed 10% after Brent rose above $50 for the first time since March, as coronavirus vaccination rollouts kept hopes alive that demand for crude would build up next year. At 10:32 a.m., ONGC shares were trading at \u20b9100.80, becoming the top gainer among BSE Sensex stocks. This price level was last seen on February 25 this year.<\/p>\n<p>Year to date, the stock is still down 27%. It has gained 30% in the last one month<\/p>\n<p>The share has been on a rising spree since ONGC&#8217;s wholly-owned overseas arm ONGC Videsh Ltd (OVL) reported a &#8220;significant&#8221; strike of oil in its onshore block CPO-5 in Llanos Basin in Colombia. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares rose on Friday and were set for a sixth straight weekly gain as Oil and Natural Gas Corp surged on the back of higher crude prices, with sentiment also supported by optimism over COVID-19 vaccines. ONGC shares climbed 10% after Brent rose above $50 for the first time since March, as coronavirus vaccination rollouts kept hopes alive that demand for crude would build up next year. At 10:32 a.m., ONGC shares were trading at \u20b9100.80, becoming the top gainer among BSE Sensex stocks. This price level was last seen on February 25 this year. Year to date, the [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-389316","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/389316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=389316"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/389316\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=389316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=389316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=389316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}