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ManufacturingDefenceHigh impactPre-market

BEL and Safran form joint venture for HAMMER weapon

pre-market1 source ↓written by the desknot a recommendation

in production
60% indigenisation

Bharat Electronics Limited and Safran Electronics and Defence signed a Joint Venture to manufacture the HAMMER Smart Precision Guided Weapon in India. The agreement aims for 60% indigenisation in production, enhancing local supply and maintenance for the Air Force and Navy. This move is expected to boost India's defense capabilities and local manufacturing. ⚔️

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 27 Nov 2025, 07:04 IST.

Sourcesnews.google.com

The market after the news

BEL closed −0.5% on the day of the news, from ₹415.30 to ₹413.05; Nifty 0.0% over the same session; futures OI +0.5%.

Bulletin at 07:04 IST on 27 Nov 2025. Every change is measured from ₹415.30, the last close before it, on 26 Nov. Nifty 50 is measured over the same sessions.

  • BEL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
BEL closes around the bulletin against the close before the news, with Nifty 50 rebased to it381.41415.30449.19axis spans 18%before the news · 26 Nov415.30Nifty 50BELbulletinD0+1+3+520 Nov2 Dec11 DecFutures open interest, lotspeak 85,000Reference close ₹415.30. 16 sessions from 20 Nov to 11 Dec; the price axis spans 18 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 %
Before26 Nov₹415.30basebase
On the day27 Nov₹413.05▼ −0.5%0.0%−0.6 pp difference
+1 session28 Nov₹411.75▼ −0.8%0.0%−0.8 pp difference
+3 sessions2 Dec₹413.05▼ −0.5%▼ −0.7%+0.1 pp difference
+5 sessions4 Dec₹407.15▼ −2.0%▼ −0.7%−1.3 pp difference
Gap at the open, % · ₹
0.0%0.00 on 27 Nov
Day's range, % · ₹
1.3%≈ 5.3 high to low
Volume on the day
0.33×the 20-session average
Futures OI on the day
▲ +0.5%+400 lots · short build-up · price −0.5%
Futures OI open, lots
76,00027 Nov · 30 Dec expiry
Futures premium, ₹
+2.95+0.7% to spot
Puts per call, by OI
0.65from 0.65 the session before
Max pain
415from 415 the session before

Source NSE UDiFF bhavcopy · BEL on the desk →

Thread · BELAll BEL bulletins →

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