Crude prices reaching $105 led to a significant drop in share prices for companies like MGL, IGL, BPCL in the oil and gas sector, with Reliance and ONGC seeing losses of up to 2%. The Nifty Oil & Gas index dropped by 1.5% as a result.

Aegis Logistics has provided a guarantee of INR 80.3 crores to Itochu Corporation, securing its commitments in the Share Purchase Agreement with AVTL for the next four months.