May 22, 2013 05:16 PM IST
Rs 60,000-crore upstream subsidy burden was mostly in line with ONGC's expectations, says Gagan Dixit, Quant Broking. He added that however, crude prices have corrected, and diesel under-recoveries have dipped below Rs 4.
- May 21, 2013 03:11 PM IST
Investors can prefer HPCL in short term and BPCL over long term among the oil marketing companies, advised Gagan Dixit of Quant Capital.
- May 13, 2013 01:34 PM IST
Bharat Petroleum Corporation (BPCL) may touch Rs 550, says Sanjeev Prasad, Senior Executive Director & Co-Head at Kotak Institutional Equities.
- May 13, 2013 09:43 AM IST
Dipen Sheth, Head-Institutional Research of HDFC Securities believes investors are moving away from equities to other assets like gold and real estate.
- May 11, 2013 04:33 PM IST
One can buy oil marketing companies (OMCs) despite the rise, which we have seen in the recent past, says Ambareesh Baliga, Edelweiss Financial Services.
- May 08, 2013 06:35 PM IST
According to Ajay Srivastava, CEO of Dimensions Consulting, one must have oil marketing companies‘ shares in the portfolio rather than production companies.
- Apr 16, 2013 08:05 PM IST
Investor wealth today soared by over Rs 1 lakh crore helped by the BSE benchmark Sensex's nearly 390-point surge on hopes of a aggressive rate cut by RBI and expectations of a lower fiscal deficit on falling prices of crude oil and gold.
- Apr 16, 2013 01:57 PM IST
PN Vijay, Portfolio Manager said he would rate oil & gas as the best sector in the economy right now. According to him, Reliance could be a safe buy.
- Mar 26, 2013 10:43 AM IST
One can see further upside in Oil Marketing Companies (OMCs), says Rahul Chadha, Mirae Asset Global Investments.
- Feb 21, 2013 11:40 AM IST
Ambareesh Baliga, Independent Analyst believes that market may not breach the levels of 6000-6020 before the Budget. For today, market may take support at 5,550-5900 levels, he says in an interview to CNBC-TV18.
- Feb 14, 2013 12:52 PM IST
Midcap stocks have been bruised and battered this month, with most of the companies making losses in the December quarter earnings. However, there is still optimism left for the midcap sector as most analysts feel that the next quarter looks hopeful.
- Feb 14, 2013 09:49 AM IST
One can accumulate oil marketing companies (OMCs) stocks, says Ambareesh Baliga, Independent Analyst.
- Feb 11, 2013 06:23 PM IST
SP Tulsian, sptulsian.com in an interview to CNBC-TV18 says overall the index will trade positive for the week. "I am expecting the positive bias to continue with a level of about 6200. So, 6000 plus for this week, 6000-6050 on the Nifty Future but thereafter the things are likely to continue till the expiry on the positive side,' he asserted.
- Feb 04, 2013 10:22 AM IST
Ajay Srivastava, CEO of Dimensions Consulting is bullish on oil marketing companies (IOC, HPCL and BPCL). He advises to keep building on positions in the stock.
- Feb 01, 2013 01:21 PM IST
Angel Broking has come out with its report on Oil India FPO. According to the research firm, company's valuation gap is expected to narrow gradually with global peers. Angel recommends investors with long-term horizon to Subscribe to the shares of Oil India.
- Jan 31, 2013 04:47 PM IST
Manoj Murlidharan Vayalar of IIFL is of the view that, in oil marketing companies (OMCs) Reliance Industries, Oil and Natural Gas Corporation (ONGC) and Bharat Petroleum Corporation (BPCL) can be with a positive bias for February.
- Jan 23, 2013 09:07 AM IST
Sudarshan Sukhani, s2analytics.com,In an interview to CNBC-TV18 said, assuming Nifty is in a trading range and it is going to be chaotic for the market, there are no trades in Nifty except for intraday traders.
- Jan 18, 2013 06:56 PM IST
Emkay Global Financial Services has come out with its report on Oil and Gas sector. According to the research firm, amongst OMCs HPCL is likely to outperform in wake of diesel price hikes given its marketing heavy portfolio relative to refining.
- Jan 18, 2013 06:19 PM IST
ICRA has come out with its report/release on impact of partial deregulation of diesel prices. According to the research firm, the major benefit of partial deregulation to the fiscal position of GoI and the OMCs is expected to accrue only from FY 2014 onwards.
- Jan 18, 2013 12:05 PM IST
The BSE Sensex rose 112.01 points or 0.56% at 20076.04 in the earl;y afternoon trade. At 12 PM, the Nifty was trading up 33.95 points at 6073.15, helped by oil marketing companies.
- Jan 18, 2013 09:54 AM IST
Speaking about the authorization to hike prices, PK Goyal, chairman, IOC said the quantum of hike has not been directed by the government.
- Jan 17, 2013 10:31 PM IST
Maruti Suzuki chairman RC Bhargava and Essar Oil MD and CEO LK Gupta discuss on CNBC-TV18 that the effect of the 45-paise hike in reducing the subsidy is insignificant and uncertain, it will enable competition in the oil sector and ultimately benefit the consumer.
- Jan 17, 2013 06:02 PM IST
BJP today criticised the government's decision to allow oil marketing companies to hike diesel rates and demanded its rollback, saying it will have a cascading effect on prices.
- Jan 17, 2013 02:24 PM IST
At 14.30 hrs IST, the Sensex was up 179.22 points or 0.90% at 19996.85, and the Nifty up 46.55 points or 0.78% at 6048.40.
- Jan 17, 2013 02:00 PM IST
India's state-run oil marketing companies have been authorized to raise diesel prices in small increments "over a period of time", Oil Secretary G. C. Chaturvedi said on Thursday, but did not give a time-frame or quantity for such price increases.