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CCI approves Tata Steel acquisition of Tata BlueScope Steel

after close1 source ↓written by the desknot a recommendation

in Tata BlueScope
50% equity

The Competition Commission of India has approved Tata Steel Limited’s acquisition of the remaining 50% equity in Tata BlueScope Steel Pvt. Ltd. from BlueScope Steel Asia Holdings Pty Ltd. This move grants Tata Steel sole control over the joint venture, enhancing its position in the steel sector. 📈

This acquisition is significant as it strengthens Tata Steel's portfolio in diverse sectors including construction and infrastructure. The approval may positively impact market sentiment around Tata Steel's future growth prospects.

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 24 Dec 2025, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

TATASTEEL closed −0.6% on the day of the news, from ₹170.07 to ₹169.12; Nifty −0.4% over the same session; futures OI +0.1%.

Bulletin at 16:04 IST on 24 Dec 2025. Every change is measured from ₹170.07, the last close before it, on 24 Dec. 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 it151.43170.07188.71axis spans 25%before the news · 24 Dec170.07Nifty 50TATASTEELbulletinD0+1+3+518 Dec31 Dec9 JanFutures open interest, lotspeak 50,000Reference close ₹170.07. 16 sessions from 18 Dec to 9 Jan; 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 %
Before24 Dec₹170.07basebase
On the day26 Dec₹169.12▼ −0.6%▼ −0.4%−0.2 pp difference
+1 session29 Dec₹172.30▲ +1.3%▼ −0.8%+2.1 pp difference
+3 sessions31 Dec₹180.08▲ +5.9%▼ −0.1%+5.9 pp difference
+5 sessions2 Jan₹182.88▲ +7.5%▲ +0.7%+6.8 pp difference
Gap at the open, % · ₹
▼ −0.1%−0.19 on 26 Dec
Day's range, % · ₹
1.2%≈ 2.1 high to low
Volume on the day
0.81×the 20-session average
Futures OI on the day
▲ +0.1%+59 lots · short build-up · price −0.6%
Futures OI open, lots
48,00026 Dec · 30 Dec expiry
Futures premium, ₹
+0.19+0.1% to spot
Puts per call, by OI
0.56from 0.54 the session before
Max pain
170from 170 the session before

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