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ONGC, Oil India shares slip up to 6% on falling crude prices. Here is what analysts say
Oil India Share Price: Shares of ONGC and Oil India fell sharply on BSE due to a significant drop in crude oil prices, influenced by OPEC's revised demand forecasts. The decline in oil prices impacts the profit margins of these companies. However, sectors like paints, airlines, and FMCG may benefit from lower crude prices.