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Chhattisgarh launches Urban Gas Distribution Policy 2026

after close1 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 initiative is expected to create significant business opportunities for GAIL (India) and City Gas Distribution operators, promoting reliable and affordable natural gas supply to various consumers. 📈

The policy focuses on strengthening urban fuel connectivity and establishing a structured roadmap for infrastructure development, potentially boosting market sentiment in the energy sector.

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, 16:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

GAIL closed +0.8% on the day of the news, from ₹163.23 to ₹164.48; Nifty +0.5% over the same session; futures OI +0.1%.

Bulletin at 16:06 IST on 30 Apr 2026. Every change is measured from ₹163.23, the last close before it, on 30 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 it152.33163.23174.13axis spans 14%before the news · 30 Apr163.23Nifty 50GAILbulletinD0+1+3+524 Apr7 May18 MayFutures open interest, lotspeak 22,000Reference close ₹163.23. 16 sessions from 24 Apr to 18 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 %
Before30 Apr₹163.23basebase
On the day4 May₹164.48▲ +0.8%▲ +0.5%+0.3 pp difference
+1 session5 May₹163.70▲ +0.3%▲ +0.1%+0.1 pp difference
+3 sessions7 May₹167.26▲ +2.5%▲ +1.4%+1.1 pp difference
+5 sessions11 May₹162.51▼ −0.4%▼ −0.8%+0.3 pp difference
Gap at the open, % · ₹
▲ +1.3%+2.07 on 4 May
Day's range, % · ₹
2.0%≈ 3.3 high to low
Volume on the day
0.70×the 20-session average
Futures OI on the day
▲ +0.1%+13 lots · long build-up · price +0.8%
Futures OI open, lots
21,0004 May · 26 May expiry
Futures premium, ₹
+0.89+0.5% to spot
Puts per call, by OI
1.06from 1.08 the session before
Max pain
166from 165 the session before

Source NSE UDiFF bhavcopy · GAIL on the desk →

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