A group of ministers headed by Finance Minister P Chidambaram has deferred a decision on disinvestment in Indian Oil Corporation, IOC. This follows strong opposition to the stake sale by the Oil Ministry.Oil Minister Veerappa Moily told this to reporters after the meeting of the Empowered Group of Ministers in New Delhi today. Moily also refused to elaborate on the reasons for the deferment.Our correspondent reports, the Finance Ministry is aiming to garner 4,500 crore rupees by selling 10 per cent – over 19 crore shares of the government stake in the oil major. Moily, had on earlier occasions, said, the IOC cannot be sold when the scrip is way lower than the 52-week peak of 375 rupees reached on January 18 last year.The Finance Ministry is keen on IOC stake sale to meet disinvestment target of 40,000 crore rupees in the current fiscal.