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Coal India shares decline 3% on government stake sale report

pre-market1 source ↓written by the desknot a recommendation

on Thursday following
3%
to sell
3-4% stake
via the offer
₹10,000 cr

Shares of Coal India fell 3% on Thursday following reports that the central government plans to sell a 3-4% stake for nearly ₹10,000 cr via the offer for sale (OFS) route. The government is expected to offer shares at a discount to the current market price, impacting investor sentiment. Confirmation from Coal India or DIPAM is still pending.

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 8 May 2026, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

COALINDIA closed −2.2% on the day of the news, from ₹466.65 to ₹456.40; Nifty −0.6% over the same session; futures OI +0.6%.

Bulletin at 07:03 IST on 8 May 2026. Every change is measured from ₹466.65, the last close before it, on 7 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 it431.00466.65502.30axis spans 17%before the news · 7 May466.65Nifty 50COALINDIAbulletinD0+1+3+530 Apr13 May22 MayFutures open interest, lotspeak 56,000Reference close ₹466.65. 16 sessions from 30 Apr to 22 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 %
Before7 May₹466.65basebase
On the day8 May₹456.40▼ −2.2%▼ −0.6%−1.6 pp difference
+1 session11 May₹464.45▼ −0.5%▼ −2.1%+1.6 pp difference
+3 sessions13 May₹462.25▼ −0.9%▼ −3.8%+2.8 pp difference
+5 sessions15 May₹462.20▼ −0.9%▼ −2.8%+1.9 pp difference
Gap at the open, % · ₹
▼ −1.2%−5.46 on 8 May
Day's range, % · ₹
1.8%≈ 8.4 high to low
Volume on the day
1.15×the 20-session average
Futures OI on the day
▲ +0.6%+250 lots · short build-up · price −2.2%
Futures OI open, lots
42,0008 May · 26 May expiry
Futures premium, ₹
−0.200.0% to spot
Puts per call, by OI
0.45from 0.51 the session before
Max pain
460from 465 the session before

Source NSE UDiFF bhavcopy · COALINDIA on the desk →

Thread · COALINDIAAll COALINDIA bulletins →

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