PSU Oil Stocks: Here's what brokerage suggests on these 2 largecap, 1 midcap scrips - Buy, Sell or Hold?

PSU Oil Stocks: According to global brokerage Goldman Sachs, marketing and refining were among the key factors that led to the misses.

PSU Oil Stocks: Goldman Sachs said that it sees the largest downside risk in IOC. However, it has retained a neutral rating on HPCL and BPCL stocks. 

PSU Oil Stocks:  Brokerage firm Goldman Sachs has maintained a sell rating on IOCL and has cut the target price to Rs 105 from Rs 120.

PSU Oil Stocks: Meanwhile, the counter opened in red at Rs 144.85 on the BSE. It fell further to touch the low of Rs 136.40 - a fall of 5.93 per cent from the previous close of Rs 145. 

PSU Oil Stocks: The global brokerage firm has maintained a neutral rating on HPCL but has cut the target to Rs 370 from Rs 375.

PSU Oil Stocks: The counter opened in green at Rs 383.45 but fell down to touch the low of Rs 363.60 - a fall of 4.59 per cent from the previous close of Rs 381.10.

PSU Oil Stocks:  Goldman Sachs has maintained a neutral rating on this stock but has raised the target to Rs 370 from 365. 

PSU Oil Stocks: The counter opened almost flat at Rs 312.95 on the BSE and fell down to touch the low of Rs 298.30 - a fall of 4.68 per cent from the previous close of Rs 312.80.

PSU Oil Stocks: The advice to invest in stocks here has been given by the brokerage house. These are not the views of Zee Business. Consult your advisor before investing.