ONGC, Reliance and other oil-linked stocks in focus after U.S. raids Venezuela
Oil-linked stocks including ONGC, Reliance Industries, Oil India and Indian Oil Corporation are set to be in focus after a dramatic U.S. military raid in Venezuela reshaped political control in the oil-rich nation and pushed crude prices lower, even as brokerages flag the potential unlocking of long-pending Venezuelan dividends as a key catalyst for ONGC.
Oil-linked stocks including ONGC, Reliance Industries, Oil India and Indian Oil Corporation are set to be in focus after a dramatic U.S. military raid in Venezuela reshaped political control in the oil-rich nation and pushed crude prices lower, even as brokerages flag the potential unlocking of long-pending Venezuelan dividends as a key catalyst for ONGC.
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