Highlights• Oil India shares rise 4% after the Oilfields Bill receives approval in Lok Sabha.• MTNL soars 16% as asset monetisation fetches ₹21.35 billion.• Tata Motors falls 2% amid reports that Jaguar Land Rover has scrapped plans for an India EV factory.• HDFC AMC extends losses, dropping up to 3%, following the release of February mutual fund data.• Indian refiners shift to Latin America and Africa to replace Russian oil in February.Benchmark equity indices closed in the red today as persistent global uncertainties overshadowed optimism stemming from softer CPI inflation prints in India and the US.