Ambareesh Baliga, COO of Way2Wealth feels that ONGC is more of a trading bet as of now just like the other oil marketing companies.
Baliga told CNBC-TV18, "None of HPCL, BPCL, ONGC for investment because although ONGC was on our buy-list earlier but after that subsidy issue, increase of subsidy we have taken it off. Basically it is more of a trading bet as of now just like the other oil marketing companies.
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