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Central Bank withdraws insolvency application against Aban Offshore
Both parties say they are settling dispute; NCLT dismisses application, permits lender to approach it later
Oil exploration shares gain; Aban Offshore up 9%
Jindal Drilling, Hindustan Oil Exploration, Oil India and ONGC were up 1% to 6% on BSE in intra-day trade.
Oil exploration stocks in focus; Aban Offshore, Selan Exploration up 5%
Dolphin Offshore, Hindustan Oil Exploration and Jindal Drilling were up between 3% and 6% on BSE.