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Govt establishes panels for PFC-REC merger process

pre-market1 source ↓written by the desknot a recommendation

The power ministry has formed two panels to facilitate the merger of Power Finance Corp and its subsidiary REC Ltd. A working group will focus on personnel integration and corporate restructuring, while a high-level committee will oversee the merger process. This move aims to streamline operations and enhance efficiency in the power finance 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 20 Feb 2026, 07:03 IST.

Sourcesnews.google.com

The market after the news

PFC closed +0.1% on the day of the news, from ₹409.55 to ₹410.10; Nifty +0.5% over the same session; futures OI −4.7%.

Bulletin at 07:03 IST on 20 Feb 2026. Every change is measured from ₹409.55, the last close before it, on 19 Feb. Nifty 50 is measured over the same sessions.

  • PFC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
PFC closes around the bulletin against the close before the news, with Nifty 50 rebased to it374.33409.55444.77axis spans 19%before the news · 19 Feb409.55Nifty 50PFCbulletinD0+1+3+513 Feb25 Feb9 MarFutures open interest, lotspeak 52,000Reference close ₹409.55. 16 sessions from 13 Feb to 9 Mar; the price axis spans 19 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 %
Before19 Feb₹409.55basebase
On the day20 Feb₹410.10▲ +0.1%▲ +0.5%−0.3 pp difference
+1 session23 Feb₹411.80▲ +0.6%▲ +1.0%−0.5 pp difference
+3 sessions25 Feb₹423.60▲ +3.4%▲ +0.1%+3.3 pp difference
+5 sessions27 Feb₹413.80▲ +1.0%▼ −1.1%+2.1 pp difference
Gap at the open, % · ₹
▼ −1.1%−4.55 on 20 Feb
Day's range, % · ₹
1.5%≈ 6.3 high to low
Volume on the day
0.66×the 20-session average
Futures OI on the day
▼ −4.7%−2,400 lots · short covering · price +0.1%
Futures OI open, lots
50,00020 Feb · 24 Feb expiry
Futures premium, ₹
−0.70−0.2% to spot
Puts per call, by OI
0.74from 0.70 the session before
Max pain
393from 395 the session before

Source NSE UDiFF bhavcopy · PFC on the desk →

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