Investment Analysis on Indian Stock Trading Market

Shares in Oil India Ltd gain 2.2 pct.Kotak Securities upgrades stock to "buy" from "add".Believe stock is discounting a fairly bleak scenario of no improvement in net crude realisations after subsidy burden-Kotak.

Inexpensive valuations and good dividend yield of 5 pct will provide adequate support on downside -Kotak."We believe the valuation gap between Oil India and ONGC may narrow over the next 12 months.

For more information on Indian stock market tips,Equity market tips please visit us at http://marketmagnify.com/services.php or call at 07316619100.