HPCL and BPCL Shares Surge Amid Rising Oil Prices and Q4 Predictions: Investment Opportunities in the Cryptocurrency Market

• The share prices of Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) saw an increase of 3-4% in morning trades on Tuesday.
• The rise was driven by the announcement from BPCL and HPCL that their Board of Directors will be considering a proposal for recommendation of Bonus Equity Share during the next board meeting to consider results and dividend.
• However, by Tuesday afternoon, the BPCL and HPCL share prices had given up most of their gains due to pressure on benchmark indices that declined by 0.8-0.9%.

BPCL and HPCL share prices rise following the announcement of a potential Bonus Equity Share recommendation, but later give up most of their gains due to pressure on benchmark indices.