Buy Oil India, NTPC: Religare Capital Markets

Buy Oil India and NTPC, says Gautam Trivedi of Religare Capital Markets.

Trivedi told CNBC-TV18, "We have buys on Oil India and NTPC. There will be interest. NTPC among the utilities space is obviously a clear winner. It does not have any of the issues that unfortunately some of the other private sector names have. So I think we continue to like that name. Assuming of course all of this is priced attractively I think there will be significant demand for both the names."
He further added, "Oil India as has the case been with the overall Public Sector Undertakings (PSU) basket, Oil Marketing Companies (OMCs), Oil and Natural Gas Corporation (ONGC), Gas Authority of India Limited (GAIL), all are going to be beneficiaries of the diesel deregulation."