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Government draft may unlock ₹15,000 crore PSU capex

pre-market1 source ↓written by the desknot a recommendation

in new infrastructure
₹15,000 crore

The Central Government's draft notification for E85 and E100 petrol could lead to ₹15,000 crore in new infrastructure spending by PSU oil companies, including Indian Oil, BPCL, and HPCL. This move aims to enhance India's ethanol fuel transition, following the successful E20 rollout.

The proposed amendments signal a shift towards a high-ethanol mobility ecosystem, creating significant opportunities for ethanol producers and fuel equipment suppliers. 📈

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, 07:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

IOC closed −1.4% on the day of the news, from ₹144.19 to ₹142.25; Nifty −0.7% over the same session; futures OI +5.3%.

Bulletin at 07:05 IST on 30 Apr 2026. Every change is measured from ₹144.19, the last close before it, on 29 Apr. Nifty 50 is measured over the same sessions.

  • IOC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
IOC closes around the bulletin against the close before the news, with Nifty 50 rebased to it132.14144.19156.24axis spans 18%before the news · 29 Apr144.19Nifty 50IOCbulletinD0+1+3+523 Apr6 May15 MayFutures open interest, lotspeak 25,000Reference close ₹144.19. 16 sessions from 23 Apr to 15 May; the price axis spans 18 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₹144.19basebase
On the day30 Apr₹142.25▼ −1.4%▼ −0.7%−0.6 pp difference
+1 session4 May₹142.26▼ −1.3%▼ −0.2%−1.1 pp difference
+3 sessions6 May₹148.21▲ +2.8%▲ +0.6%+2.2 pp difference
+5 sessions8 May₹144.69▲ +0.3%0.0%+0.4 pp difference
Gap at the open, % · ₹
▼ −1.2%−1.69 on 30 Apr
Day's range, % · ₹
1.6%≈ 2.3 high to low
Volume on the day
0.93×the 20-session average
Futures OI on the day
▲ +5.3%+1,100 lots · short build-up · price −1.4%
Futures OI open, lots
23,00030 Apr · 26 May expiry
Futures premium, ₹
+0.87+0.6% to spot
Puts per call, by OI
0.80from 0.81 the session before
Max pain
147from 150 the session before

Source NSE UDiFF bhavcopy · IOC on the desk →

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