OICHARTS
8 AMThe 8 AM report →
EnergyManufacturingHigh impactPre-market

Cabinet approves ₹37,500 crore coal gasification scheme

pre-market1 source ↓written by the desknot a recommendation

scheme to enhance
₹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 enhance coal and lignite gasification, targeting 75 million tonnes of coal. This initiative aims to reduce India's reliance on LNG and other imports, potentially mobilizing ₹2.5–3 lakh crore in investments. Key players include Coal India, BHEL, and JSPL, poised to benefit significantly from this push.

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, 07:14 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

COALINDIA closed −1.8% on the day of the news, from ₹462.25 to ₹454.05; Nifty +1.2% over the same session; futures OI +11.9%.

Bulletin at 07:14 IST on 14 May 2026. Every change is measured from ₹462.25, the last close before it, on 13 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 it426.93462.25497.57axis spans 17%before the news · 13 May462.25Nifty 50COALINDIAbulletinD0+1+3+57 May19 May29 MayFutures open interest, lotspeak 66,000Reference close ₹462.25. 16 sessions from 7 May to 29 May; 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 %
Before13 May₹462.25basebase
On the day14 May₹454.05▼ −1.8%▲ +1.2%−3.0 pp difference
+1 session15 May₹462.200.0%▲ +1.0%−1.0 pp difference
+3 sessions19 May₹456.95▼ −1.1%▲ +0.9%−2.0 pp difference
+5 sessions21 May₹460.20▼ −0.4%▲ +1.0%−1.5 pp difference
Gap at the open, % · ₹
▲ +0.4%+1.76 on 14 May
Day's range, % · ₹
4.0%≈ 18 high to low
Volume on the day
0.97×the 20-session average
Futures OI on the day
▲ +11.9%+5,800 lots · short build-up · price −1.8%
Futures OI open, lots
54,00014 May · 26 May expiry
Futures premium, ₹
−2.60−0.6% to spot
Puts per call, by OI
0.46from 0.52 the session before
Max pain
460from 465 the session before

Source NSE UDiFF bhavcopy · COALINDIA on the desk →

Thread · COALINDIAAll COALINDIA bulletins →

Related