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Oil India rallies as energy stocks drive market momentum
Strong buying in Oil India and peer energy stocks lifted the oil and gas index, reflecting optimism around crude prices, earnings visibility, and sector momentum.
Oil India shares jumped nearly five percent as the BSE Oil and Gas index climbed eleven percent, tracking firm crude prices and sector-wide buying. Investors reacted to optimism around upstream earnings visibility, stable production outlook, and supportive global energy trends. Broader gains in ONGC and refiners lifted sentiment, while analysts highlighted commodity momentum and PSU energy stocks as key drivers for intraday interest today markets.