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Cabinet approves ₹37,500 crore coal gasification scheme

after close1 source ↓written by the desknot a recommendation

scheme to promote
₹37,500 crore
of coal
75 million tonnes
in investments
₹2.5–3 lakh crore

The Union Cabinet approved a ₹37,500 crore scheme to promote coal and lignite gasification, targeting 75 million tonnes of coal. This initiative aims to mobilize ₹2.5–3 lakh crore in investments, reducing India's reliance on LNG and other imports. Key players like Coal India, BHEL, and JSPL are positioned to benefit significantly from this move.

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 14 May 2026, 16:12 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

COALINDIA closed +1.8% on the day of the news, from ₹454.05 to ₹462.20; Nifty −0.2% over the same session; futures OI −0.3%.

Bulletin at 16:12 IST on 14 May 2026. Every change is measured from ₹454.05, the last close before it, on 14 May. Nifty 50 is measured over the same sessions.

  • COALINDIA close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
COALINDIA closes around the bulletin against the close before the news, with Nifty 50 rebased to it419.36454.05488.74axis spans 17%before the news · 14 May454.05Nifty 50COALINDIAbulletinD0+1+3+58 May20 May1 JunFutures open interest, lotspeak 66,000Reference close ₹454.05. 16 sessions from 8 May to 1 Jun; 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 %
Before14 May₹454.05basebase
On the day15 May₹462.20▲ +1.8%▼ −0.2%+2.0 pp difference
+1 session18 May₹462.10▲ +1.8%▼ −0.2%+1.9 pp difference
+3 sessions20 May₹458.70▲ +1.0%▼ −0.1%+1.1 pp difference
+5 sessions22 May₹456.55▲ +0.6%▲ +0.1%+0.4 pp difference
Gap at the open, % · ₹
▲ +0.7%+2.95 on 15 May
Day's range, % · ₹
2.9%≈ 13 high to low
Volume on the day
0.66×the 20-session average
Futures OI on the day
▼ −0.3%−140 lots · short covering · price +1.8%
Futures OI open, lots
54,00015 May · 26 May expiry
Futures premium, ₹
−0.55−0.1% to spot
Puts per call, by OI
0.55from 0.46 the session before
Max pain
465from 460 the session before

Source NSE UDiFF bhavcopy · COALINDIA on the desk →

Thread · COALINDIAAll COALINDIA bulletins →

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