Need clarity on subsidy sharing for ONGC: IndiaNivesh
Daljeet Kohli, Head- Research at IndiaNivesh Securities and Upendra Kulkarni, Director & CEO of Fortress Financial Services discuss the market performance of the day. Commenting on ONGC auction, Kolhi said it is a positive move taken by the government. "We have initiated a 'Buy' on ONGC rating with a target price of Rs 320 a share although we need clarity on subsidy sharing for ONGC," he added.
