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ManufacturingMetalsHigh impactAfter close

Adani and IHC to invest ₹1.08 lakh crore in Odisha aluminium hub

after close1 source ↓written by the desknot a recommendation

investment to establish
$11.5 billion
project includes
4 MTPA alumina refinery
2 MTPA aluminium smelter
1 MTPA downstream aluminium park
during construction
53,000 jobs

Adani Group and Abu Dhabi’s International Holding Company (IHC) announced a $11.5 billion investment to establish a massive aluminium manufacturing ecosystem in Odisha. The project includes a 4 MTPA alumina refinery, 2 MTPA aluminium smelter, and a 1 MTPA downstream aluminium park. It aims to create approximately 53,000 jobs during construction and operation phases.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 2 Jul 2026, 16:01 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

ADANIGREEN closed +0.1% on the day of the news, from ₹1,555.20 to ₹1,556.20; Nifty +0.4% over the same session; futures OI +0.9%.

Bulletin at 16:01 IST on 2 Jul 2026. Every change is measured from ₹1,555.20, the last close before it, on 2 Jul. Nifty 50 is measured over the same sessions.

  • ADANIGREEN close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
ADANIGREEN closes around the bulletin against the close before the news, with Nifty 50 rebased to it137515551736axis spans 26%before the news · 2 Jul1555Nifty 50ADANIGREENbulletinD0+1+3+525 Jun8 Jul17 JulFutures open interest, lotspeak 40,000Reference close ₹1,555.20. 16 sessions from 25 Jun to 17 Jul; the price axis spans 26 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before2 Jul₹1,555.20basebase
On the day3 Jul₹1,556.20▲ +0.1%▲ +0.4%−0.3 pp difference
+1 session6 Jul₹1,549.20▼ −0.4%▲ +1.1%−1.4 pp difference
+3 sessions8 Jul₹1,504.60▼ −3.3%▼ −1.2%−2.0 pp difference
+5 sessions10 Jul₹1,536.60▼ −1.2%▲ +0.1%−1.3 pp difference
Gap at the open, % · ₹
▲ +0.3%+4.67 on 3 Jul
Day's range, % · ₹
3.1%≈ 48 high to low
Volume on the day
0.71×the 20-session average
Futures OI on the day
▲ +0.9%+340 lots · long build-up · price +0.1%
Futures OI open, lots
38,0003 Jul · 28 Jul expiry
Futures premium, ₹
+9.50+0.6% to spot
Puts per call, by OI
0.80from 0.82 the session before
Max pain
1,500from 1,500 the session before

Source NSE UDiFF bhavcopy · ADANIGREEN on the desk →

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