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ManufacturingMetalsMedium impactPre-market

Shares of BEL, Tata Steel, Hindustan Copper decline

pre-market1 source ↓written by the desknot a recommendation

amid broader market
4%
to ₹407.10
3.3%
due to foreign
400 points

Shares of Bharat Electronics Ltd (BEL), Tata Steel, and Hindustan Copper fell up to 4% amid broader market weakness. BEL reported Q4 revenue of ₹10,224 cr and net profit of ₹2,226 cr, but the stock dropped 3.3% to ₹407.10 as profit booking occurred following premium valuations. The Sensex fell nearly 400 points due to foreign fund outflows and rising crude oil prices.

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 21 May 2026, 07:07 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

BEL closed +1.7% on the day of the news, from ₹413.30 to ₹420.40; Nifty 0.0% over the same session; futures OI −0.6%.

Bulletin at 07:07 IST on 21 May 2026. Every change is measured from ₹413.30, the last close before it, on 20 May. 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 it379.57413.30447.03axis spans 18%before the news · 20 May413.30Nifty 50BELbulletinD0+1+3+514 May26 May5 JunFutures open interest, lotspeak 85,000Reference close ₹413.30. 16 sessions from 14 May to 5 Jun; 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 %
Before20 May₹413.30basebase
On the day21 May₹420.40▲ +1.7%0.0%+1.7 pp difference
+1 session22 May₹416.55▲ +0.8%▲ +0.3%+0.5 pp difference
+3 sessions26 May₹420.10▲ +1.6%▲ +1.1%+0.6 pp difference
+5 sessions29 May₹410.75▼ −0.6%▼ −0.5%−0.1 pp difference
Gap at the open, % · ₹
▲ +1.6%+6.70 on 21 May
Day's range, % · ₹
2.0%≈ 8.1 high to low
Volume on the day
1.54×the 20-session average
Futures OI on the day
▼ −0.6%−490 lots · short covering · price +1.7%
Futures OI open, lots
83,00021 May · 26 May expiry
Futures premium, ₹
−0.20−0.1% to spot
Puts per call, by OI
0.44from 0.42 the session before
Max pain
425from 425 the session before

Source NSE UDiFF bhavcopy · BEL on the desk →

Thread · BELAll BEL bulletins →

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