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EnergyMedium impactPre-market

Axis Energy and Reliance bid in coal gasification auctions

pre-market1 source ↓written by the desknot a recommendation

Reliance Industries and Axis Energy Ventures have emerged as top bidders in the latest round of coal block auctions by the central government, aimed at enhancing domestic coal gasification. They participated in bids for multiple blocks across Odisha, Chhattisgarh, and Andhra Pradesh, including key sites like Badibahal-Kendudihi and Chhatabar Combined.

Their involvement underscores a strong strategic interest in cleaner energy production and downstream applications, potentially impacting market dynamics in the energy sector. ⚡

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 24 Dec 2025, 07:00 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RELIANCE closed −0.8% on the day of the news, from ₹1,570.70 to ₹1,558.20; Nifty −0.1% over the same session; futures OI +1.6%.

Bulletin at 07:00 IST on 24 Dec 2025. Every change is measured from ₹1,570.70, the last close before it, on 23 Dec. Nifty 50 is measured over the same sessions.

  • RELIANCE close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
RELIANCE closes around the bulletin against the close before the news, with Nifty 50 rebased to it146115711680axis spans 15%before the news · 23 Dec1571Nifty 50RELIANCEbulletinD0+1+3+517 Dec30 Dec8 JanFutures open interest, lotspeak 2.2 LReference close ₹1,570.70. 16 sessions from 17 Dec to 8 Jan; the price axis spans 15 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 %
Before23 Dec₹1,570.70basebase
On the day24 Dec₹1,558.20▼ −0.8%▼ −0.1%−0.7 pp difference
+1 session26 Dec₹1,559.20▼ −0.7%▼ −0.5%−0.2 pp difference
+3 sessions30 Dec₹1,539.80▼ −2.0%▼ −0.9%−1.1 pp difference
+5 sessions1 Jan₹1,575.60▲ +0.3%▼ −0.1%+0.4 pp difference
Gap at the open, % · ₹
▲ +0.1%+2.04 on 24 Dec
Day's range, % · ₹
1.4%≈ 22 high to low
Volume on the day
0.95×the 20-session average
Futures OI on the day
▲ +1.6%+3,100 lots · short build-up · price −0.8%
Futures OI open, lots
2.0 L24 Dec · 30 Dec expiry
Futures premium, ₹
+1.40+0.1% to spot
Puts per call, by OI
0.49from 0.58 the session before
Max pain
1,550from 1,550 the session before

Source NSE UDiFF bhavcopy · RELIANCE on the desk →

Thread · RELIANCEAll RELIANCE bulletins →

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