Ambareesh Baliga, Managing Partner-Global Wealth Management of Edelweiss Financial Services told CNBC-TV18, "Oil marketing companies should be positive to a large extent especially the way the rupee has appreciated and the way crude oil prices are coming down. I think it is quite positive for the oil marketing companies."
"I would still continue with my buy on Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation (BPCL) at these levels," he said. Also Read: HPCL, BPCL, IOC, ONGC rally on petrol price hikeDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
