New Delhi, Nov. 1 -- Shares of Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) will remain in focus on Monday following the central government's latest decision on fuel taxation.

The central government, on Saturday, October 31, raised windfall gains tax on export of diesel and aviation turbine fuel (ATF) and slashed the levy to zero on petrol for the fortnight beginning October 31.

IOCL share price closed 0.12% lower at Rs.130 per share on BSE with a market capitalisation of Rs.1,83,576.10 crore on Friday, October 30. Higher diesel export duty can put pressure on export realisations from refining operations, whereas a cut on petrol export duty would br...