Nitin Tiwari, VP- Institutional Research, Religare Capital Markets expects Reliance petrochemical margins to be better on a sequential basis. However, RIL may post weak earnings on the back of frail US refining margins, he adds.
In an interview to CNBC-TV18, Nitin Tiwari of Religare Capital Markets spoke about rising price of crude and its impact on oil marketing companies (OMCs).