scorecardresearchONGC, RIL shares jump up to 7% in early trade after govt cuts windfall tax on petroleum

ONGC, RIL shares jump up to 7% in early trade after govt cuts windfall tax on petroleum

Updated: 20 Jul 2022, 09:35 AM IST
TL;DR.
  • Analysts believe cut in windfall tax on exports will be a major boost for the sector.
Shares of ONGC opened at  <span class='webrupee'>₹</span>134.70 against the previous close of  <span class='webrupee'>₹</span>127.45 and jumped 7% to  <span class='webrupee'>₹</span>136.40 soon.

Shares of ONGC opened at 134.70 against the previous close of 127.45 and jumped 7% to 136.40 soon.