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.
RBI in wait-and-watch mode despite easing West Asia risks: Sanjay Malhotra
Despite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set interest rate paths. While the truce offers