Brent crude falls below $90, OMCs gain, upstream firms drop

Brent crude falls below $90, impacting energy stocks. OMCs gained up to 5% on lower crude costs, boosting refining margins. Upstream companies fell 2% due to reduced revenue outlook from lower oil prices. Investors rotated into refining and marketing stocks.

📊 STOCKS: IOCL, HPCL, ONGC, GAIL | 🏢 SECTOR: Energy | #MEDIUMIMPACT #CrudeOil