The petroleum ministry plans to offer 60 percent participating interest to private players in 11 oil fields operated by ONGC and 4 of Oil India.
Ashwani Gujral of ashwanigujral.com
Mitessh Thakkar of mitesshthakkar.com is of the view that one may buy ONGC and JSW Steel and sell Granules India, Sun TV and Wockhardt.
Most broking house kept buy rating on the stock, as they expects the gas production will increase going ahead and domestic gas prices will move up from 2HFY18.
Rajat Bose of rajatkbose.com is of the view that one can buy Reliance Infrastructure and sell Oil and Natural Gas Corporation and GAIL India.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Infra, Reliance Defence and Rain Industries.
Gaurav Bissa of LKP securities is of the view that one can buy Bank of India and Just Dial and sell ONGC.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Kotak Mahindra Bank, Bajaj Auto, Gujarat State Petronet and Sharda Cropchem and can sell SAIL.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy L&T Finance Holdings and Oil and Natural Gas Corporation and sell Muthoot Finance.
Prasad of Kotak Institutional Equities also felt NBFCs could see some pressure as banks will look to capture retail customers. He prefers Aurobindo Pharma and IOC as valuations look reasonable and cheaper than peers.
Puducherry Chief Minister V Narayanasamy today announced that public sector undertaking, Oil and Natural Gas Corporation (ONGC) will earmark Rs 60 crores for the renovation of government schools and government hospital in Karaikal, under its CSR scheme.
State-owned Oil and Natural Gas Corporation (ONGC) has signed definitive agreements to buy out debt-ridden GSPC’s entire 80 per cent stake in KG-basin natural gas block for USD 1.2 billion.
Top six Indian companies added a total of Rs 30,505.3 crore in market valuation last week, with IT biggie TCS walking away with the biggest slice.
The first consignment of butadiene was shipped to Singapore, and the company wants to export more products benzene, etc. to other countries as well for which it will be floating tenders, Opal chief executive K Satyanarayana told PTI today.
GDF, a unit of French energy giant Engie SA, has written to Petronet -- India's biggest importer of liquefied natural gas -- expressing its desire to exit the company.
Sandeep Wagle of powermywealth.com is of the view that one can buy Maruti Suzuki and sell Oil and Natural Gas Corporation.
Mitessh Thakkar of miteshthacker.com advises selling Oil and Natural Gas Corporation and feels that one can buy Bharat Electronics.
The further fund offer (FFO) will open for anchor investors on March 14, while subscription for retail investors would begin from March 15 and will continue till March 17, sources said.
According to Prakash Gaba of prakashgaba.com, Nifty has support at 8930-8900 and resistance at 9000-9119 while Bank Nifty has support at 20500 and resistance at 20850.
CNBC-TV18's Ekta Batra lists out stocks that you should focus on.
Prakash Gaba of prakashgaba.com is of the view that Oil and Natural Gas Corporation can climb to Rs 200 while Voltas may test Rs 394.
"The kind of robust market that is emerging in India... We have segmented companies. Now we want to create integrated companies. Certainly, I can assure one thing that there will be multi entity. We will have mixed basket," Pradhan told reporters yesterday at a news conference here on the sidelines of the CERAWeek conference.
Reliance Mutual Fund has filed draft offer documents with capital markets watchdog Sebi to garner funds for the government through a fresh tranche of the CPSE Exchange Traded Fund.
RIL's valuation zoomed Rs 24,619.79 crore to Rs 4,08,238.80 crore and Infosys added Rs 5,076.25 crore at Rs 2,36,849.45 crore.
Distributing certificates and medals to students of the Bharathidasan Government College for Women at the institute's seventh graduation day here, he said the government was keen that women's education should be encouraged.