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CCI approves Tata Steel's acquisition of TMILL stake

pre-market1 source ↓written by the desknot a recommendation

in TM International
23% stake
Steel's shareholding
74%

The Competition Commission of India (CCI) approved Tata Steel's acquisition of an additional 23% stake in TM International Logistics Ltd (TMILL). This move will increase Tata Steel's shareholding to 74%, making it the majority stakeholder, while IQ Martrade exits the joint venture. The acquisition is significant for Tata Steel's logistics strategy.

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 19 Aug 2026, 07:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

TATASTEEL closed −0.8% on the day of the news, from ₹185.50 to ₹184.00; Nifty −0.3% over the same session; futures OI +1.2%.

Bulletin at 07:05 IST on 19 Aug 2026. Every change is measured from ₹185.50, the last close before it, on 18 Aug. Nifty 50 is measured over the same sessions.

  • TATASTEEL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
TATASTEEL closes around the bulletin against the close before the news, with Nifty 50 rebased to it165.17185.50205.83axis spans 25%before the news · 18 Aug185.50Nifty 50TATASTEELbulletinD0+1+3+512 Aug24 Aug2 SeptFutures open interest, lotspeak 97,000Reference close ₹185.50. 16 sessions from 12 Aug to 2 Sept; the price axis spans 25 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 %
Before18 Aug₹185.50basebase
On the day19 Aug₹184.00▼ −0.8%▼ −0.3%−0.5 pp difference
+1 session20 Aug₹183.50▼ −1.1%▲ +0.3%−1.4 pp difference
+3 sessions24 Aug₹186.30▲ +0.4%▲ +0.3%+0.2 pp difference
+5 sessions26 Aug₹188.01▲ +1.4%▲ +0.2%+1.1 pp difference
Gap at the open, % · ₹
▼ −0.7%−1.34 on 19 Aug
Day's range, % · ₹
1.3%≈ 2.4 high to low
Volume on the day
0.75×the 20-session average
Futures OI on the day
▲ +1.2%+1,000 lots · short build-up · price −0.8%
Futures OI open, lots
85,00019 Aug · 25 Aug expiry
Futures premium, ₹
0.000.0% to spot
Puts per call, by OI
0.61from 0.60 the session before
Max pain
188from 190 the session before

Source NSE UDiFF bhavcopy · TATASTEEL on the desk →

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