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Morgan Stanley said higher cess on domestic crude production of ONGC and Oil India (OIL) was a negative surprise and should imply downside risks for the sector multiple over the medium term..

Windfall tax: Morgan Stanley says ONGC to be bruised but RIL is better placed




Name Price Change % Chg
Rec 125.70 1.95 1.58
Indiabulls Hsg 95.90 1.15 1.21
Ntpc 140.65 -2.25 -1.57
Sbi 466.85 0.95 0.2

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