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EnergyAutomobilesHigh impactPre-market

India markets rally on Power Grid capex and auto sales

pre-market1 source ↓written by the desknot a recommendation

BSE Sensex rising
944 points
81,667
capex forecast
₹32,000 cr
in January sales
47% YoY increase
reaching
71,066 units

India's markets closed strongly, with the BSE Sensex rising 944 points to 81,667. Key drivers included Power Grid Corporation revising its FY26 capex forecast to ₹32,000 cr, boosting investor confidence. Additionally, Tata Motors reported a 47% YoY increase in January sales, reaching 71,066 units, further supporting market gains.

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 3 Feb 2026, 07:10 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

POWERGRID closed +4.7% on the day of the news, from ₹270.40 to ₹283.20; Nifty +2.5% over the same session; futures OI −12.9%.

Bulletin at 07:10 IST on 3 Feb 2026. Every change is measured from ₹270.40, the last close before it, on 2 Feb. Nifty 50 is measured over the same sessions.

  • POWERGRID close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
POWERGRID closes around the bulletin against the close before the news, with Nifty 50 rebased to it247.58274.16300.75axis spans 21%before the news · 2 Feb270.40Nifty 50POWERGRIDbulletinD0+1+3+528 Jan6 Feb17 FebFutures open interest, lotspeak 58,000Reference close ₹270.40. 16 sessions from 28 Jan to 17 Feb; the price axis spans 21 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 %
Before2 Feb₹270.40basebase
On the day3 Feb₹283.20▲ +4.7%▲ +2.5%+2.2 pp difference
+1 session4 Feb₹289.40▲ +7.0%▲ +2.7%+4.3 pp difference
+3 sessions6 Feb₹292.75▲ +8.3%▲ +2.4%+5.9 pp difference
+5 sessions10 Feb₹294.35▲ +8.9%▲ +3.4%+5.5 pp difference
Gap at the open, % · ₹
▲ +2.1%+5.65 on 3 Feb
Day's range, % · ₹
4.2%≈ 11 high to low
Volume on the day
3.40×the 20-session average
Futures OI on the day
▼ −12.9%−7,100 lots · short covering · price +4.7%
Futures OI open, lots
48,0003 Feb · 24 Feb expiry
Futures premium, ₹
−2.85−1.0% to spot
Puts per call, by OI
0.73from 0.73 the session before
Max pain
265from 260 the session before

Source NSE UDiFF bhavcopy · POWERGRID on the desk →

Thread · POWERGRIDAll POWERGRID bulletins →

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