Parimarjan Negi scored over former FIDE World Champion Rustam Kasimdzhanov on the top board, S P Sethuraman ended his bad run by defeating Anton FIlippov while Krishnan Sasikiran lived up to expectation and outplayed Marat Dzhumaev to pave the way for an Indian triumph.
On the fourth board, B Adhiban fought from a hopeless position to draw with Jahongir Vakhidov.
China became the first Asian country to win the gold medal in the Chess Olympiad and their success comes at a time when there was highest participation of 171 countries.
Hungary, Russia, Azerbaijan and India ended on an identical 17 points each. Russia defeated France by a minimal 2.5-1.5 margin while Azerbaijan achieved the same result against United States.
In the other important match, Hungary drew with Ukraine on all four boards.
This is the best ever finish by the Indian men in a Chess Olympiad. However the tiebreak will be resolved soon after the last game finishes.