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Chhattisgarh approves Urban Gas Distribution Policy 2026

pre-market1 source ↓written by the desknot a recommendation

The Chhattisgarh government approved the Urban Gas Distribution Policy 2026, aiming to enhance piped natural gas (PNG) networks across urban areas. This policy is expected to create significant opportunities for GAIL (India) and other City Gas Distribution (CGD) firms, promoting a reliable and affordable clean fuel supply for various consumers. 🚀

• Accelerated expansion of gas supply through pipelines

• Strengthened urban fuel connectivity

• Major infrastructure intervention for clean energy

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 30 Apr 2026, 07:07 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

GAIL closed −1.5% on the day of the news, from ₹165.66 to ₹163.23; Nifty −0.7% over the same session; futures OI +1.3%.

Bulletin at 07:07 IST on 30 Apr 2026. Every change is measured from ₹165.66, the last close before it, on 29 Apr. Nifty 50 is measured over the same sessions.

  • GAIL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
GAIL closes around the bulletin against the close before the news, with Nifty 50 rebased to it154.59165.66176.73axis spans 14%before the news · 29 Apr165.66Nifty 50GAILbulletinD0+1+3+523 Apr6 May15 MayFutures open interest, lotspeak 22,000Reference close ₹165.66. 16 sessions from 23 Apr to 15 May; the price axis spans 14 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 %
Before29 Apr₹165.66basebase
On the day30 Apr₹163.23▼ −1.5%▼ −0.7%−0.7 pp difference
+1 session4 May₹164.48▼ −0.7%▼ −0.2%−0.5 pp difference
+3 sessions6 May₹165.680.0%▲ +0.6%−0.6 pp difference
+5 sessions8 May₹166.49▲ +0.5%0.0%+0.5 pp difference
Gap at the open, % · ₹
▼ −0.6%−0.98 on 30 Apr
Day's range, % · ₹
2.0%≈ 3.4 high to low
Volume on the day
0.57×the 20-session average
Futures OI on the day
▲ +1.3%+260 lots · short build-up · price −1.5%
Futures OI open, lots
21,00030 Apr · 26 May expiry
Futures premium, ₹
+0.61+0.4% to spot
Puts per call, by OI
1.08from 1.12 the session before
Max pain
165from 166 the session before

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