India, Oct. 23 -- India burns far more energy than it digs out of its own ground. Oil and gas mostly arrive by ship, so every domestic discovery gets read as a small step toward standing on firmer footing. That is why one well result can matter well beyond the company that drilled it. The Nifty 50 was at 22,411.80, down 1.22%. Meanwhile, Sensex also fell 0.93% to 72,569.18 on Friday. Meanwhile, Shares of Oil Indiawere trading at Rs. 446.65, down 2.24 percent from previous close of Rs. 456.90. The stock opened at Rs. 458.00 and reached an intraday high of Rs. 458.65 and low of Rs. 446.00. The company currently has a market capitalization of Rs. 72,636 crores.

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Oil India announced on 23 October 2026 that it has found natur...