The energy sector in the Indian stock market showed strong gains on January 28, 2026, as of 11:17 AM IST. The S&P BSE Energy index rose 2.98% to 11,855.65, outperforming broader benchmarks like the S&P BSE Sensex (up 0.55% to 82,310.00) and Nifty 50 (up 0.60% to 25,325.60).
Upstream oil and gas companies led the rally, with notable gains in exploration and production stocks. Refineries and related firms also contributed to the upward movement in the sector.
Key Gainers in Energy Sector Stocks (as of 11:17 AM IST, January 28, 2026)
- OIL INDIA: NSE price Rs 482.05 (up 7.47%), BSE price Rs 482.70 (up 7.60%)
- ONGC: NSE price Rs 263.31 (up 6.19%), BSE price Rs 263.65 (up 6.29%)
- MRPL: NSE price Rs 167.22 (up 6.95%), BSE price Rs 165.50 (up 5.89%)
- HIND.OIL EXP (Hindustan Oil Exploration): NSE price Rs 152.39 (up 5.75%), BSE price Rs 153.00 (up 5.74%)
- PETRONET LNG: NSE price Rs 291.65 (up 5.02%), BSE price Rs 290.45 (up 4.61%)
- HPCL: NSE price Rs 436.40 (up 4.07%), BSE price Rs 435.05 (up 3.71%)
- GAIL: NSE price Rs 166.25 (up 3.92%), BSE price Rs 166.20 (up 3.87%)
- DEEP INDUSTRIES: NSE price Rs 361.95 (up 3.53%), BSE price Rs 361.50 (up 3.79%)
- IOC: NSE price Rs 163.88 (up 3.13%), BSE price Rs 163.50 (up 2.86%)
Other notable performers included:
- BPCL: NSE price Rs 365.40 (up 2.24%), BSE price Rs 364.70 (up 2.06%)
- RELIANCE IND.: NSE price Rs 1,401.90 (up 1.55%), BSE price Rs 1,400.35 (up 1.40%)
- GULF OIL LUBRICANTS: NSE price Rs 1,068.40 (up 1.99%), BSE price Rs 1,066.70 (up 1.89%)
Some stocks traded mixed or lower:
- GUJARAT GAS COMPANY: NSE price Rs 743.10 (down 2.28%), BSE price Rs 745.60 (down 2.11%)
- SELAN EXPLOR: NSE price Rs 573.85 (down 4.34%), BSE price Rs 574.85 (down 4.49%)
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