Quotes from the news wire:
Global financial investors are staying away from commodities given the fall in prices. So, Coal India and ONGC will find it difficult to attract quality investors, in the case of IOC, it is mainly a domestic retailer and has a lot to do with the domestic economy. The fall in crude prices and government decision not to charge (an) oil subsidy will make it (IOC) a better choice in the current environment.
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