Analysts expect margins of oil marketing companies to improve with crude prices softening. Traders could buy IOC stock for a price target of Rs 196 with a stop loss of Rs 171, said Ruchit Jain, lead research analyst at 5Paisa.com.
Bull market has resumed after bottoming out; PSUs will still lead the market but pockets have changed: Ramesh Damani
Ramesh Damani, a BSE member, emphasizes that the bull market has resumed with public sector stocks, particularly in defence and construction, leading the way. He