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BSNL awards ₹3,000 crore BharatNet contract to Polycab

after close1 source ↓written by the desknot a recommendation

contract
₹3,000 crore
to high-speed internet
2 lakh gram panchayats

Government-owned BSNL awarded a ₹3,000 crore contract to Polycab for the BharatNet Project in Bihar, aimed at enhancing broadband connectivity in rural areas. Polycab will handle the design, installation, and maintenance of the middle-mile network, crucial for connecting over 2 lakh gram panchayats to high-speed internet. This initiative supports e-governance, education, and healthcare services, narrowing the digital divide in India.

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 4 Jul 2026, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

POLYCAB closed +0.4% on the day of the news, from ₹9,548.50 to ₹9,584.00; Nifty +0.7% over the same session; futures OI +0.3%.

Bulletin at 16:04 IST on 4 Jul 2026. Every change is measured from ₹9,548.50, the last close before it, on 3 Jul. Nifty 50 is measured over the same sessions.

  • POLYCAB close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
POLYCAB closes around the bulletin against the close before the news, with Nifty 50 rebased to it8788954910309axis spans 17%before the news · 3 Jul9549Nifty 50POLYCABbulletinD0+1+3+529 Jun9 Jul20 JulFutures open interest, lotspeak 25,000Reference close ₹9,548.50. 16 sessions from 29 Jun to 20 Jul; the price axis spans 17 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 %
Before3 Jul₹9,548.50basebase
On the day6 Jul₹9,584.00▲ +0.4%▲ +0.7%−0.3 pp difference
+1 session7 Jul₹9,401.00▼ −1.5%▲ +0.5%−2.1 pp difference
+3 sessions9 Jul₹9,074.00▼ −5.0%▼ −1.3%−3.7 pp difference
+5 sessions13 Jul₹9,306.50▼ −2.5%▼ −0.3%−2.3 pp difference
Gap at the open, % · ₹
▲ +0.5%+51.56 on 6 Jul
Day's range, % · ₹
1.2%≈ 120 high to low
Volume on the day
0.54×the 20-session average
Futures OI on the day
▲ +0.3%+45 lots · long build-up · price +0.4%
Futures OI open, lots
16,0006 Jul · 28 Jul expiry
Futures premium, ₹
+43.50+0.5% to spot
Puts per call, by OI
0.81from 0.80 the session before
Max pain
9,600from 9,600 the session before

Source NSE UDiFF bhavcopy · POLYCAB on the desk →

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